In the United States, most of the government's taxing and spending is
A) to stabilize the economy and move it to its potential output.
B) to bring about greater income equality.
C) to keep inflation at a moderate level.
D) for purposes other than economic stabilization.
Ans: D) for purposes other than economic stabilization.
You might also like to view...
The actual division of a tax between buyers and sellers in a market is the excess burden of the tax
Indicate whether the statement is true or false
In order to use lock-in as a competitive strategy, firm managers should be prepared to do all of the following except:
A) invest in a given base of customers by giving concessions initially. B) avoid selling complementary products and access to the customer base. C) be the first to bring a new type of product to market. D) use loyalty programs as part of an entrenchment strategy.