The distribution of income is not a zero-sum game

Indicate whether the statement is true or false

T

Economics

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All of the following are automatic stabilizers EXCEPT

A) the federal income tax system. B) welfare payments. C) discretionary tax cuts. D) unemployment compensation.

Economics

Moral hazard would lead to

a. Only risky drivers buying insurance b. More risky drivers buying more insurance c. Drivers taking on a lot more risk after buying insurance d. Drivers becoming a lot more careful after buying insurance

Economics