Which of the following helps to explain the high savings rate in Singapore?
A) employer contributions for workers under the age of 50
B) the lack of a Social Security system like the one in the United States
C) government policy
D) all of the above
D
Economics
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Those who believe in the rational expectations hypothesis advocate
A. active fiscal policy during recessions. B. active monetary policy during inflationary periods only. C. no policy intervention. D. active monetary policy during recessions.
Economics
Price floors are instituted because the government wants to:
a. help consumers. b. help producers. c. raise tax revenue. d. prevent imports. e. increase demand.
Economics