If a pension fund has sufficient contributions and earnings to pay benefits, it is said to be

According to the table above, ________ percent of total income is redistributed from the highest income group

A) 4.7 B) 2.3 C) 1.5 D) 3.8

Starting from long-run equilibrium, a large tax cut will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.

A. expansionary; higher; higher B. expansionary; higher; potential C. recessionary; higher; potential D. recessionary; lower; lower