The notion that the central bank should set its federal funds target by a formula that puts weight on both output and inflation gaps is known as ________

Economist's can justify supporting education through taxation on which of the following grounds?

A) Education generates spillover benefits. B) Low-income people could not otherwise afford education. C) Most economists are educators. D) Free education extends equal opportunity to all. E) Public education is more efficient than allowing education to be provided by the market.

Which of the following flows from the government to the households?

a. Goods and services b. Resources of production c. Taxes d. Government services e. Loans