If a government policy increases benefits to the unemployed without having a detrimental effect on any other constituent, the policy is
A) a Pareto improvement.
B) redistributive.
C) regressive.
D) a positive externality effect.
A
You might also like to view...
The field of behavioral economics applies the methods of economics to study how government works
a. True b. False Indicate whether the statement is true or false
If the money supply is held constant, an increase in the velocity of money would cause the AD curve to
A. shift inward. B. shift outward. C. become steeper. D. become flatter.
Which of the following compose the M2 money supply?
A. currency only B. currency, checkable deposits, and traveler's checks C. M1 plus large denomination time deposits and Eurodollar deposits D. M1 plus savings deposits and small-denomination time deposits
If the Fed has announced that it plans on lowering the interest rate it will
A. engage in contractionary open market operations, thereby decreasing the money supply. B. engage in expansionary open market operations, thereby decreasing the money supply. C. engage in contractionary open market operations, thereby increasing the money supply. D. engage in expansionary open market operations, thereby increasing the money supply.