Tolls for government turnpikes have features of a tax based on _____
a. the benefit principle
b. the ability-to-pay principle
c. the Ramsey rule
d. redistribution
a
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Suppose investment spending falls. To offset the change in output the Federal Reserve could
a. increase the money supply. This increase would also move the price level closer to its value before the decline in investment spending. b. increase the money supply. However, this increase would move the price level farther from its value before the decline in investment spending. c. decrease the money supply. This decrease would also move the price level closer to its value before the decline in investment spending. d. decrease the money supply. However, this increase would move the price level farther from its value before the decline in investment spending.
Out-of-pocket costs of health care to consumers are mostly in the form of:
A. Premiums and copayments B. Health taxes and premiums C. Premiums and deductibles D. Copayments and deductibles