In the U.S. economy, which of the following is NOT a generally accepted economic function of government?
A) providing public goods
B) distributing consumer goods
C) ensuring economy-wide stability
D) promoting competition in the marketplace
B
Economics
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The Keynesian aggregate demand curve slopes downward because for any given money supply, an increase in the price level ______ real money holdings which _____ the interest rate and _____ income
a. increases; lowers; increases b. reduces; raises; reduces c. reduces; lowers; increases d. increases; raises; reduces
Economics
Which of the following is not a trade-restricting practice?
a. subsidy b. tariff c. quota d. a voluntary limit on exports e. higher safety standards for imports than for the same good sold domestically.
Economics