Each of the following is an example of discretionary fiscal policy, except
A. public works programs.
B. changing tax rates.
C. changes in the level of government spending.
D. unemployment insurance benefits.
D. unemployment insurance benefits.
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Suppose the daily demand for Coke and Pepsi in a small city are given by QC = 90 - 100PC + 400(PP - PC) and QP = 90 - 100PP + 400(PC - PP), where QC and QP are the number of cans Coke and Pepsi sell, respectively, in thousands per day. PC and PP are the prices of a can of Coke and Pepsi, respectively, measured in dollars. The marginal cost is $0.45 per can for both Coke and Pepsi. What is Pepsi's best response function?
A. QP = 200PC - 67.5 B. QP = (90 + 400PC) - 500PP C. PP = 0.315 + 0.4PC D. PP = (0.18 + 0.8PC) - 0.002QP
The net result of deflation is to:
A. increase consumption and decrease investment, increasing aggregate demand overall. B. decrease consumption and increase investment, decreasing aggregate demand overall. C. decrease consumption and investment, decreasing aggregate demand. D. increase consumption and investment, increasing aggregate demand.
Which of the following is an example of bypassing the market through regulation to achieve environmental protection?
A. Privatization. B. Pollution fines. C. Green taxes. D. Command-and-control standards.
The current supervisory practice toward risk management
A) focuses on the quality of a bank's balance sheet. B) determines whether capital requirements have been met. C) evaluates the soundness of a bank's risk-management process. D) focuses on eliminating all risk.