Which of the following is a measure taken by the government to internalize externalities?
a. Value Added Tax
b. Income Tax
c. Cap and trade
d. Tariffs
e. Deficit financing
c
Economics
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If the marginal propensity to consume (MPC) is 0.8 and there is a desire to increase real GDP by $500 billion, then
A) an increase in autonomous real consumption spending of $500 billion will generate this change. B) a decrease in autonomous real saving of $500 billion will generate this change. C) an increase in planned real investment spending of $200 billion will generate this change. D) an increase in real autonomous spending of $100 billion will generate this change.
Economics
Based on your understanding of the Phillips curve, is it possible for the unemployment rate to increase while inflation increases? Explain
What will be an ideal response?
Economics