The most important automatic stabilizer is:
a. open market operations
b. the unemployment compensation system.
c. the tax system.
d. the welfare system.
c
Economics
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How does a pure public good differ from a club good? In your answer, give an example of each type of good
What will be an ideal response?
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When it's cheaper to produce two or more products in one firm than to produce them in separate firms, which of the following is said to exist?
a. Horizontal integration b. Economies of scale c. Decreasing returns to scale d. Economies of scope
Economics