Multiple Choice
Deregulation is when:
A) The government sub-contracts with private businesses.
B) Reduces the amount of government controls on business.
C) There is a transfer of public ownership of assets to the private sector
D) All of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q38: Privatization is when:<br>A) The government deregulates markets.<br>B)
Q39: The Laffer curve shows the relationship between<br>A)
Q40: Diagram 1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7553/.jpg" alt="Diagram 1
Q41: While taxes distort market outcomes, welfare payments
Q42: Refer to diagram 2. Shifting the aggregate
Q44: Raising thresholds at which people pay tax
Q45: What is the difference between tax evasion
Q46: Policy makers who believe in the Laffer
Q47: Refer to diagram 2 below, if supply-side
Q48: Explain what is meant by the free-rider