On which of the following government spending projects would the crowding out effect most likely be the greatest?
A) government spending on farm subsidies
B) government spending on improvements in infrastructure
C) government spending on research and development
D) government spending on education
A
Economics
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The distribution of tax burdens among various groups in society is referred to as
A) sectioning. B) regressive placement. C) zero-base budgeting. D) tax incidence.
Economics
The old-age dependency ratio is found by
A. dividing the number of older people by the number of people in the entire population. B. dividing the number of older people by the number of people of working age. C. multiplying the number of older people by the percentage in that group who have no retirement savings. D. dividing the number of people of working age by the number of retirees.
Economics