The main goal of fiscal policy should always be to
a. generate a budget deficit.
b. balance the budget.
c. balance C + I with government spending.
d. balance aggregate demand with aggregate supply.
d
Economics
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With a natural monopoly,
A) no regulation is necessary because it is a natural monopoly. B) regulation takes the form of forcing competition from new firms. C) regulation takes the form of forcing the company out of business. D) regulation can take the form of average cost pricing to allow coverage of costs. E) regulation takes the form of breaking the company into several competing firms.
Economics
Absolute advantage is based on opportunity cost
a. True b. False
Economics