Consumers increased consumption by a relatively small amount in 2008 and 2009 because they believed the tax cuts were temporary
a. True
b. False
Indicate whether the statement is true or false
True
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Efforts to fine-tune the economy have been used for several decades, and since then
A. Employment goals have been met, but price stability has not been attained. B. We still experience periods of recession, high unemployment, and inflation. C. We have successfully achieved our major economic goals at all times. D. Price stability goals have been met, but full employment has not been attained.
Publicly provided education is generally considered
A. a public good that generates positive externalities. B. not to be a public good that generates negative externalities. C. not to be a public good that generates positive externalities. D. a public good that generates negative externalities.