Author Question: Nations with slower growth rates can catch up to rapidly growing countries by A) using budget ... (Read 207 times)

Deast7027

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Nations with slower growth rates can catch up to rapidly growing countries by
 
  A) using budget deficits as a long-run policy tool.
  B) adopting the technologies of the wealthier nations.
  C) pressuring the central bank to increase the money supply and reduce interest rates.
  D) raising the minimum wage.
  E) exporting more than it imports.

Question 2

A mother of three who receives 600 a month in total welfare benefits if she is not working, but who loses all those benefits and also pays 10 percent of her earnings to the tax collector if she takes a job paying 1000 a month, is being taxed on her
 
  earnings at an effective marginal rate of A) 10 percent.
  B) 30 percent.
  C) 50 percent.
  D) 70 percent.



joechoochoy

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Answer to Question 1

B

Answer to Question 2

D



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