Supply-side economics emphasized government policies to:
a. restrict aggregate spending and boost aggregate supply
b. increase minimum wage to improve labor productivity.
c. stimulate real GDP by improving incentives to work.
d. lower interest rates to boost saving.
e. increase government tax revenues in order to increase government purchases.
c
Economics
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Which one of the following would not increase recycling rates?
a. Technological lock-in b. A tax on virgin resources c. Pay-by-the-bag garbage programs d. Government procurement of recycled materials e. Increased royalty payments for extraction of resources
Economics
A binding price floor is designed to:
a. increase efficiency. b. raise the price above the equilibrium price. c. keep the price below the equilibrium price. d. generate a shortage
Economics