Which of the following is the best test of whether a government program should be undertaken?
A) the total number of jobs created by the program
B) value generated by the government program that exceeds the value of the production it crowds out
C) the increase in GDP as a result of the government program
D) approval by a majority in each of the two branches of Congress
Correct Answer:
Verified
Q8: Which of the following most accurately indicates
Q11: Public choice analysis indicates that it will
Q15: Which of the following is true with
Q19: The political incentive structure tends to
A) encourage
Q34: Are jobs the key to economic progress
Q41: If the government cuts the tax rate,
Q55: Which of the following is true?
A)Modern forecasting
Q62: Which of the following is a consensus
Q71: Which of the following is part of
Q80: Both the crowding-out effect and new classical
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents