Which of the following policies would reduce the procyclical nature of fiscal policy at the state level?
A. The establishment of "rainy-day funds"
B. The institution of balanced budget requirements
C. The introduction of price controls
D. The elimination of automatic stabilizers
Answer: A
Economics
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The balance of payments includes which three accounts?
A) the current account, the financial account, and the capital account B) the net investment account, the net exports account, and the net transfers account C) the balance of trade account, the net foreign investment account, and statistical discrepancy D) the capital flows account, the financial account, and the trade account
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What is the underground economy and how could it hurt an economy? How does it hurt developing economies?
What will be an ideal response?
Economics