Which statement demonstrates one of the three principles of economy-wide interactions?
A) A student chooses to rent a movie with friends,rather than study for an economics quiz.
B) Your roommate offers to pay for the movie tickets if you drive to the theatre.
C) A city builds a new public park on the grounds of an abandoned warehouse.
D) In 2008,fearing a recession,the federal government approved a proposal to rebate some taxes for 2007.

Question

Quizplus · Accepted Answer

Option D demonstrates the principle of economy-wide interactions as it shows the federal government trying to stimulate the economy by providing tax rebates to individuals, which will affect the overall economic conditions of the country.

Which Statement Demonstrates One of the Three Principles of Economy-Wide