5. When policymakers make policies that change the costs and benefits that people face, what is the...

Question:

5. When policymakers make policies that change the costs and benefits that people face, what is the result for society?

a. people's behaviours are altered

b. people ignore incentives

c. inflation occurs

d. government revenue is reduced

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

See More Books

Question Posted: Sep 28, 2024 07:02 AM

See More Questions

Why program planning is important in public health leadership?
"You should never compare cash flows occurring at different times without first discounting them to a common date." Why? Explain the problem if you do not. "When the market interest rate exceeds the...
A capacitor of capacitance C1 = 1.0F withstands the maximum voltage V1 = 6.0 kV while a capacitor of capacitance C2 = 2.0F, the maximum voltage V2 = 4.0 kV. What voltage will the system of these two...
5. When policymakers make policies that change the costs and benefits that people face, what is the result for society? a. people's behaviours are altered b. people ignore incentives c. inflation...
Rose Company had no short-term investments prior to year 2015. It had the following transactions involving short-term investments in available-for-sale securities during 2015. Apr. 16 Purchased 4,000...
The following are the trial balances of H Ltd and S Ltd at 3 1 December 2 0 2 4 . H Ltd S Ltd Non - current assets ( PPE ) 1 8 5 0 0 0 8 5 0 0 0 Share Capital ( 2 0 0 0 0 0 ) ( 8 0 0 0 0 ) Retained...
4. What is Adam Smith's "invisible hand"? a. the subtle and often hidden methods that businesses use to profit at consumers' expense b. the ability of free markets to reach desirable outcomes despite...
6. If a nation has high and persistent inflation, what is the most likely explanation? a. the central bank is creating excessive amounts of money b. unions are bargaining for excessively high wages...
5. What are the three steps in making an MPS?
A fuel containing 75 % ethane and 25 % propane is burned with dry air. All the H2 burns to H2O and the CO2 to CO ratio is 10:1. 15% excess air is supplied. Calculate: a) moles stack gas/ moles fuel...
Silver City was orgapized January 1, 2005: The City Council adopted (among others) the following accounting procedures: The City's fiscal year will be the same as the calendar year. Budgets will be...
(Nonmonetary Exchange) Mathews Company exchanged equipment used in its manufacturing operations plus $6,000 in cash for similar equipment used in the operations of Biggio Company. The following...
In a random sample of 400 students of the university teaching departments, it was found that 300 students failed in the examination. In another random sample of 500 students of the affiliated...
Cristina has no prior contact with social services or helping professionals, and asks Tasha to explain what she does as a case manager. If Tasha answers accurately, she will tell Cristina that a case...
A simple model of the human eye ignores its lens entirely. Most of what the eye does to light happens at the outer surface of the transparent cornea. Assume that this surface has a radius of...
What did Lennox gain by integrating their WMS, TMS, and labor management systems?
Describe the three problems that make the consumer price index an imperfect measure of the cost of living.
Explain the meaning of nominal interest rate and real interest rate. How are they related?
Which of the problems in the construction of the CPI might be illustrated by each of the following situations? Explain. a. The invention of the iPod b. The introduction of air bags in cars c....
A.) How many states does the Mealy machine above have? B.) How many process blocks will you need to code this machine? (Look at the example above.) C.) Using the VHDL from above as a guide, write the...
Assume that the standard cost to make one finished unit includes 2 hour of direct labor at $8 per hour. During April, 22,000 direct labor-hours were worked, 10,500 units of product were manufactured,...
Question 1 2.5 pts 4xex Find the Taylor polynomial of f (x) = of degree 4 at x=0. 3 0 P1 (x) = 4x + 3x2 + x3 + x4 O PA () = x + 3x2 + grs - 42% + x + x2 + x3 + is 24 O P4 (2) = 4 = | Question 2 2.5...

5. When policymakers make policies that change the costs and benefits that people face, what is the...

Question:

Step by Step Answer:

Principles Of Macroeconomics

Students also viewed these Business questions