Some economists argue that increases in government spending are not a likely source of continued inflation because
A) increases in government spending cause reductions in other spending components.
B) government spending is not created by the Fed.
C) increases in government spending can be financed by money creation.
D) a and b
E) a and c
A
Economics
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A major drawback associated with the assessment of income distribution is that they neglect the effects of taxes and in-kind transfers
Indicate whether the statement is true or false
Economics
If a college admits only a fixed number of applicants every year, then the school's supply curve for admissions is:
A. Perfectly elastic B. Perfectly inelastic C. Quite flat D. Downward-sloping
Economics