Which of the following most accurately indicates the political incentive to spend and/or tax?
A) Politicians will find tax increases more attractive than increases in government expenditures.
B) Voters will generally support higher taxes in order to eliminate budget deficits.
C) Politicians are rewarded for raising taxes and punished for providing programs that benefit their constituents.
D) Politicians are rewarded for providing programs that benefit their constituents and punished for raising taxes.
Correct Answer:
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Q3: What is the most appropriate test to
Q4: The new classical model implies that a
A)
Q5: Which of the following about fiscal policy
Q6: According to new classical economists, the most
Q7: It will be difficult to institute fiscal
Q9: When the government levies taxes to subsidize
Q10: New classical economists stress that an increase
Q11: Public choice analysis indicates that it will
Q12: According to the new classical view, budget
Q13: Which of the following contributes to the
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