New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning used was that this would ?

Related Mcqs:

According to the Laffer curve, as tax rates increase tax revenue ?

A. initially increase and then decrease B. decrease continuously. C. rise continuously D. initially decrease and then increase....

Which of the following statements supports deregulation of industries ?

A. Technological change has made it possible for many industries to become more competitive B. Because few real natural monopolies exist, there is rarely a reason for government regulation. C. Many instances of government regulation have succeeded in reducing competition in industries where competition may be beneficial D. All of the above...

A way helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?

A. New classical economists. B. Left wing theorists C. interventionist policies. D. monetarists....

The success of regional and urban policies has been limited by ?

A. bureaucracy B. bad luck C. poor communications D. the low level of government grants and by the fact that some projects would have gone ahead anyway...

Which of the following would be considered a supply-side policy ?

A. An increase in the minimum wage that would cause consumer spending to increase B. investment tax credits for businesses to encourage investment C. Restrictions placed on the amount that can be imported. D. An increase in government spending that would lead to increased aggregate demand...