If the government increased the income tax on the rich and increased transfer payments to the poor, the most likely result would be
a. to increase investment in the economy
b. the eradication of poverty
c. a rise in the Gini coefficient
d. an increase in the economy's rate of economic growth
e. a decline in the economy's rate of economic growth
E
Economics
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Real business cycle theory was introduced by
A) Milton Friedman and Robert Lucas. B) Milton Friedman and Anna Schwartz. C) Thomas Cooley and Gary Hansen. D) Finn Kydland and Edward Prescott.
Economics
The main measure of inflation is the ________________ computed and reported each month by the Bureau of Labor Statistics
a. Consumer Price Index b. Product Producer Index c. Consumer Confidence Survey d. New Homes Sales Matrix
Economics