Multiple Choice
If the government is successful in cutting the economic pie into more equal slices, than it is quite possible that
A) the pie gets larger.
B) the pie gets smaller.
C) it increases the reward for working hard, resulting in people producing more goods and services.
D) none of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q163: Which of the following is likely to
Q164: Two parties can capture gains from specialization
Q165: Several political leaders have proposed that parents
Q166: The marginal cost of a vacation in
Q167: Would it make good sense for a
Q169: Kelly is an attorney and also an
Q170: Which of the following would not be
Q171: The expected marginal benefit to you from
Q172: Negative incentives:<br>A)increase benefits or reduce costs.<br>B)increase behaviors.<br>C)decrease
Q173: The opportunity cost of an action is