Multiple Choice
The idea that all aspects of economic behavior,such as labor supply,saving,and investment,respond to economic incentives,especially tax rates,is known as
A) New Keynesian economics.
B) new classical economics.
C) tax-structured classical economics.
D) supply-side economics.
Correct Answer:

Verified
Correct Answer:
Verified
Q44: The following data describe government spending and
Q45: The primary current deficit is<br>A)current expenditures -
Q46: Consider an economy that has the following
Q47: Suppose that all workers place a value
Q48: The current deficit is<br>A)the deficit minus government
Q50: Government consumption expenditures equal<br>A)government outlays minus transfer
Q51: If the deficit is 0.08 times GDP,the
Q52: When the economy strengthens,following the period of
Q53: The type of tax receipts that has
Q54: The real seignorage collected by the government