What measure does the federal government use when setting the official poverty line in the US?
three times the cost of providing an adequate diet
Economics
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Which of the following occurs when consumers decide to save every penny of a tax cut, knowing that this tax cut must be financed by future tax increases?
A. Keynesian offset B. Ricardian equivalence C. Fiscal balancing D. Animal spirits
Economics
What types of rules for monetary policy may be sensible for policymakers to consider? What is the advantage of using rules over discretion? What problems might there be with rules?
What will be an ideal response?
Economics