Apply the concept of tax smoothing to the debate over tax-based versus spending-based fiscal stimulus
What will be an ideal response?
Tax smoothing implies that changing tax rates ought not to be considered as a tool for short-run economic stabilization. Fluctuations of government spending and the government budget are far less distortionary.
Economics
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The unemployment rate is lowest for what group?
a. All groups have the same unemployment rate. b. People who are between 16 and 19 years of age c. People who are 55 and older years of age d. People who are between 24 and 54 years of age
Economics
The most heavily traded American stocks are traded on the
A. New York Stock Exchange. B. American Stock Exchange. C. regional stock markets. D. “third market.”
Economics