The slope in the above figure is
A) negative and increasing.
B) negative and decreasing.
C) positive and increasing.
D) positive and decreasing.
D
Economics
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Which of the following illustrates a burden of the national debt?
A) Future generations will have to pay lower taxes to finance the national debt. B) A large debt decreases the amount of capital, thereby decreasing future incomes. C) The current generation receives a higher level of government services. D) The current generation pays a higher level of taxes.
Economics
A Pareto optimal policy improves:
A. the welfare of at least 50 percent of the population. B. the welfare of Pareto. C. the welfare of more people than it hurts. D. everyone's welfare.
Economics