All of the following are considered to be economic instruments available to the government EXCEPT ______.

A. government credits
B. government expenditures
C. government insurance
D. government loan guarantees

B. government expenditures

Political Science

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________ is a form of market failure which refers to an action of an individual or organization that affects the welfare of others, whether on purpose or not

A. Collective action problem B. Sustainability C. Externality D. Marketing myopia E. Constant returns to scale

Political Science

Which of the following was the cause of stagflation when Paul Volcker was appointed chairman of the Federal Reserve in 1979?

a. falling energy prices b. falling unemployment rates c. huge budget deficits d. rising productivity

Political Science