The "Yes - Markets Self-Adjust" and "No - Markets Fail Often" camps agree on a government role supporting basic research because
A) knowledge creation has positive externalities.
B) this encourages consumers to save more.
C) this leads to price stability.
D) people in school cannot be unemployed.
E) economists will benefit from the research.
Correct Answer:
Verified
Q65: Supply-side policies that promote savings for growth
Q66: Government spending on post-secondary education
A) increases the
Q67: If aggregate demand does not change, aggregate
Q68: Which fiscal policy does not target aggregate
Q69: If leakages out of the circular flow
Q71: Supply-siders support lower tax rates because they
Q72: Fiscal policies for economic growth shift
A) short-run
Q73: Supply-siders believe people will respond to lower
Q74: If leakages out of the circular flow
Q75: Fiscal policies for economic growth
A) increase potential
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