Fiscal policy involves which of the following?
A) interest rates B) tax policy
C) buying and selling government-agency bonds D) none of the above
B
Economics
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Uni-Go Company makes motorized unicycles. Uni-Go is deciding whether to include a safety feature that would cost $6 for each unicycle
Uni-Go estimates the probability of death without the safety feature is 1/90,000 and the death cost per unicycle is $5.55. Uni-Go's cost-benefit recommendation is to A) add the safety device. B) not add the safety device. C) add the safety device plus additional safety devices. D) not produce the unicycle.
Economics
A profit-maximizing firm will base its supply decisions on its marginal:
a. private cost. b. social cost. c. external cost. d. transactions cost.
Economics