The government redistributes funds via transfer payments in order to ________
A) reduce the number of private transactions
B) increase competition among domestic producers
C) finance the operation of its various departments
D) reduce inequality among the citizens
D
Economics
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In the above figure, the equilibrium exchange rate between U.S. dollars and British pounds is
A) A. B) B. C) C. D) W.
Economics
Which of the following statements is true?
A. The four phases of the business cycle, in order, are: peak, recovery, trough, recession. B. When unemployment is rising then real GDP is rising. C. The economic problem typically associated with a recovery is rising unemployment. D. Full employment exists in an economy when the unemployment rate equals the sum of frictional, and structural unemployment rates.
Economics