A decrease in the federal income tax is an example of ________ policy.
A. monetary
B. aggregation
C. structural
D. fiscal
Answer: D
You might also like to view...
The concentration ratio of a monopoly industry is 100 percent
Indicate whether the statement is true or false
Which of the following taxes is most likely to be shifted?
a. a property tax on an owner-occupied residence b. a progressive income tax c. a flat-rate state income tax d. a general sales tax
If the base year is 2005, the nominal GDP for 2015 is $10,000 billion, and the GDP deflater for 2015 is 90, what is the real GDP for 2015 compared to 2005?
a. $9,000 billion b. $10,090 billion c. $11,111 billion d. $12,001 billion
When economists talk about a demand schedule for a product, they mean
A. the amount of a good that consumers intend to purchase at only one particular price in a given period of time. B. the amount of a good that consumers are able to purchase (though they might not be willing to) at different prices in a given period of time. C. the amount of a good that producers are willing to make available for sale at a particular price in a given time period. D. the amount of a good that consumers intend to purchase at each price in a set of possible prices in a given time period.