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Author Question: Government policies resulting intended to increase equality (cutting the pie into more equal slices) ... (Read 71 times)

nramada

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  • Posts: 580
on: Jun 30, 2018
Government policies resulting intended to increase equality (cutting the pie into more equal slices) include (i) the welfare system (ii) unemployment insurance (iii) progressive income tax
 a. (i) only
 b. (ii) only
 c. (i) and (ii) only
  d. (i), (ii), and (iii)

Question 2

A negative growth rate will cause:
 a. an inward shift of an economy's production possibilities curve.
 b. an outward shift of an economy's production possibilities curve.
 c. a movement from a point inside an economy's production possibilities curve to a point on the curve.
  d. an economy's production possibilities curve to slope upward.


kbennett34

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


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