An increase in the elderly population of a country affects fiscal policy most directly because:
A) the elderly generally are not required to pay taxes.
B) governments provide pensions and health care for the elderly.
C) the elderly favour high interest rates on their savings.
D) governments spend more on education as the proportion of the elderly increases.
Correct Answer:
Verified
Q2: Government debt equals the:
A) difference between current
Q7: When a government spends more than it
Q9: Assume that the nominal interest rate is
Q15: In a time of inflation when the
Q16: The amount by which government spending exceeds
Q16: Current measures of the Canadian federal government's
Q17: A deficit adjusted for inflation should include
Q18: If capital budgeting procedures were employed, then
Q25: Capital budgeting is a procedure that:
A) adjusts
Q39: When the federal government incurs additional debt
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