Fiscal policy is enacted through changes in:
A. Interest rates and the price level
B. The supply of money and foreign exchange
C. Unemployment and inflation
D. Taxation and government spending
D. Taxation and government spending
Economics
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Refer to Figure 4-8. What is the value of the portion of producer surplus transferred to consumers as a result of the rent ceiling?
A) $40,000 B) $100,000 C) $125,000 D) $140,000
Economics
Which type of goods is most adversely affected by recessions?
A. Goods for which the income elasticity coefficient is relatively low or negative. B. Goods for which the income elasticity coefficient is relatively high and positive. C. Goods for which the cross elasticity coefficient is positive. D. Goods for which the cross elasticity coefficient is negative.
Economics