Which of the following is true about fiscal policy?
What will be an ideal response?
Proper timing of changes in discretionary fiscal policy is both crucially important and difficult to achieve.
Economics
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List and briefly define the three methods government can use to cope with an external cost, such as pollution
What will be an ideal response?
Economics
If the government removes a binding price floor from a market, then the price received by sellers will
a. decrease, and the quantity sold in the market will decrease. b. decrease, and the quantity sold in the market will increase. c. increase, and the quantity sold in the market will decrease. d. increase, and the quantity sold in the market will increase.
Economics