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Government uses ________________ policies to help the economy grow.
Public goods
All of the answers
Expansionary
False
Not everyone has their needs or wants met.
increase
All of the answers
inelastic
Redistribution programs are when the government allocates money back to citizens. Which of the following is a redistribution program?
Public goods
All of the answers
Expansionary
False
Not everyone has their needs or wants met.
increase
All of the answers
inelastic
Recreation centers and public parks are examples of ....
Public goods
All of the answers
Expansionary
False
Not everyone has their needs or wants met.
increase
All of the answers
inelastic
Which of the following is a disadvantage of free market economies?
Public goods
All of the answers
Expansionary
False
Not everyone has their needs or wants met.
increase
All of the answers
inelastic
Bread and water are considered to have an _____________ demand.
Public goods
All of the answers
Expansionary
False
Not everyone has their needs or wants met.
increase
All of the answers
inelastic
Which of the following is a purpose of collecting taxes?
Public goods
All of the answers
Expansionary
False
Not everyone has their needs or wants met.
increase
All of the answers
inelastic
Law of supply states as prices increase, supply decrease. Is the statement true or false?
Public goods
All of the answers
Expansionary
False
Not everyone has their needs or wants met.
increase
All of the answers
inelastic
Establishment of new companies and production increase will ________________supply.
Public goods
All of the answers
Expansionary
False
Not everyone has their needs or wants met.
increase
All of the answers
inelastic
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