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Which of the following describes a loose or expansionary economy?
Decreasing taxes and spending especially entitlements. Less Government
Change Behavior
Fruits, veggies, grains, eggs
Income tax, FICA, Corporate tax
Cereal- Kellogg's,General Mills,Post, ect.
When revenue is higher than spending
Pure Competition, Monopolistic Competition,Oligopoly, and Monopoly
When spending is higher than revenue (recesson)
What does Supply Side Economics mean?
Decreasing taxes and spending especially entitlements. Less Government
Change Behavior
Fruits, veggies, grains, eggs
Income tax, FICA, Corporate tax
Cereal- Kellogg's,General Mills,Post, ect.
When revenue is higher than spending
Pure Competition, Monopolistic Competition,Oligopoly, and Monopoly
When spending is higher than revenue (recesson)
Which of the follow are the top 3 taxes for the Federal level?
Decreasing taxes and spending especially entitlements. Less Government
Change Behavior
Fruits, veggies, grains, eggs
Income tax, FICA, Corporate tax
Cereal- Kellogg's,General Mills,Post, ect.
When revenue is higher than spending
Pure Competition, Monopolistic Competition,Oligopoly, and Monopoly
When spending is higher than revenue (recesson)
What is an example of Pure Competition?
Decreasing taxes and spending especially entitlements. Less Government
Change Behavior
Fruits, veggies, grains, eggs
Income tax, FICA, Corporate tax
Cereal- Kellogg's,General Mills,Post, ect.
When revenue is higher than spending
Pure Competition, Monopolistic Competition,Oligopoly, and Monopoly
When spending is higher than revenue (recesson)
What is a sin tax?
Decreasing taxes and spending especially entitlements. Less Government
Change Behavior
Fruits, veggies, grains, eggs
Income tax, FICA, Corporate tax
Cereal- Kellogg's,General Mills,Post, ect.
When revenue is higher than spending
Pure Competition, Monopolistic Competition,Oligopoly, and Monopoly
When spending is higher than revenue (recesson)
What is an example of Oligopoly?
Decreasing taxes and spending especially entitlements. Less Government
Change Behavior
Fruits, veggies, grains, eggs
Income tax, FICA, Corporate tax
Cereal- Kellogg's,General Mills,Post, ect.
When revenue is higher than spending
Pure Competition, Monopolistic Competition,Oligopoly, and Monopoly
When spending is higher than revenue (recesson)
Which of the following describes a tight or contractionary economy?
Decreasing taxes and spending especially entitlements. Less Government
Change Behavior
Fruits, veggies, grains, eggs
Income tax, FICA, Corporate tax
Cereal- Kellogg's,General Mills,Post, ect.
When revenue is higher than spending
Pure Competition, Monopolistic Competition,Oligopoly, and Monopoly
When spending is higher than revenue (recesson)
What are the different market types?
Decreasing taxes and spending especially entitlements. Less Government
Change Behavior
Fruits, veggies, grains, eggs
Income tax, FICA, Corporate tax
Cereal- Kellogg's,General Mills,Post, ect.
When revenue is higher than spending
Pure Competition, Monopolistic Competition,Oligopoly, and Monopoly
When spending is higher than revenue (recesson)
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