Under a barter system
A) each good has many prices.
B) each good has a single price.
C) no prices for goods exist.
D) prices for goods are very stable.
A
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A government policy that taxes saving in order to discourage saving and encourage spending will
A) slow economic growth. B) speed economic growth. C) create a greater incentive for people to specialize. D) strengthen people's property rights. E) increase the growth rate of capital.
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.