Government policies resulting intended to increase equality (cutting the pie into more equal slices) include (i) the welfare system (ii) unemployment insurance (iii) progressive income tax

a. (i) only
b. (ii) only
c. (i) and (ii) only
d. (i), (ii), and (iii)

d

Economics

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The combination of a successful wage push by workers and the government's commitment to high employment leads to

A) demand-pull inflation. B) supply-side inflation. C) supply-shock inflation. D) cost-push inflation.

Economics

Chidi’s government only repairs roads that are in the very worst condition. Bridge collapses are not unheard of. The government’s infrastructure policy will likely ______ economic growth.

a. stop b. hinder c. have little impact on d. promote

Economics