Multiple Choice
OECD data for 1960 through 1999 indicates that a 10 percent increase in government expenditures as a percent of GDP
A) increases economic growth by about 5 percent.
B) increases economic growth by about 2 percent.
C) has no effect on economic growth.
D) reduces economic growth by about 1 percent.
Correct Answer:
Verified
Correct Answer:
Verified
Q144: The overall federal tax structure is<br>A) regressive
Q145: In a democratic setting, debt financing is
Q146: Which of the following is consistent with
Q147: Which of the following is part of
Q148: Ethan washes and irons his own shirts.
Q150: Measured as a share of the economy,
Q151: In 1960, more than half (52 percent)
Q152: When the number of families with someone
Q153: Your professor loves her work, teaching economics.
Q154: Which of the following is a positive