Author Question: You are an economic advisor to the president. You are asked to recommend a policy to promote ... (Read 45 times)

Melani1276

  • Hero Member
  • *****
  • Posts: 516
You are an economic advisor to the president. You are asked to recommend a policy to promote long-term economic growth in the economy. Which of the following policies would you choose?
 
  A) a reduction in taxes on luxury yachts B) an investment tax credit
  C) a reduction in sales taxes D) all of the above

Question 2

A monopsony restricts the quantity of a factor demanded to force down the price of the factor and increase profits.
 
  Indicate whether the statement is true or false


Jbrasil

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

B

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

For a complete list of videos, visit our video library