A negative income tax program provides a simple way to assist the unemployed
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Adam Smith used the metaphor of the "invisible hand" to explain how
A) business owners are benevolent. B) markets mismatch buyers and sellers. C) people acting on their own self-interest promote the interest of society as a whole. D) the production possibilities frontier illustrates efficient outcomes.
Economics
According to Keynesians, the primary source of business cycle fluctuations is
A) aggregate demand shocks. B) productivity shocks. C) oil price shocks. D) consumer confidence shocks.
Economics