Active policy making would include all of the following EXCEPT
A) interest rate changes by the Fed.
B) tax increases.
C) unemployment insurance benefits.
D) increased government spending by the Congress.
Answer: C) unemployment insurance benefits.
Economics
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Higher rates of inflation
a. reduce real marginal tax rates, increasing savings and investment. b. increase real marginal tax rates, reducing savings and investment. c. reduce real marginal tax rates, reducing savings and investment. d. have no effect on real marginal tax rates, and no effect on savings and investment. e. none of the above.
Economics
Every firm has to bear its fixed costs even when it produces nothing
a. True b. False Indicate whether the statement is true or false
Economics