Question: Which of the following government policies aims to reduce aggregate supply in the economy? A. Reducing taxation on consumer goods B. Privatising utility companies C.

Which of the following government policies aims to reduce aggregate supply in the economy?

A. Reducing taxation on consumer goods

B. Privatising utility companies

C. Regulating large service companies

D. Encouraging lending to consumers and businesses

Step by Step Solution

★★★★★

3.42 Rating (146 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

C Regulating large service companies A large majority of people see an increased need for more gover... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Which of the following utility functions are consistent with convex indifference curves and which are not? a) U(X, Y) = 2X + 5Y b) U(X, Y) = (XY) 0.5 c) U(X, Y) = Min(X, Y), where Min is the minimum...

Q:

Which of the following goods or services would be most likely to be subject to (1) external economies of scale and (2) dynamic increasing returns? Explain your answers. a. Software tech-support...

Q:

Which of the following goods are scarce? a. Garbage b. Salt water in the ocean c. Clothes d. Clean air in a big city e. Dirty air in a big city f. A public library

Q:

I have asked three questions with my textbook chapter in which they come from. it would be greatly appreciated if you could help me answer these three questions. Thanks so much. :) 1. What is the...

Q:

Table of Contents As filed with the Securities and Exchange Commission on June 24, 2016 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) REGISTRATION...

Q:

Please read the text pages from 15-28 pasted below and answer the following questions Define: 1) expansionary fiscal policy 2) automatic stabilizers 3) progressive tax 4) contractionary fiscal policy...

Q:

Please help me with the questions below. Thank you! Answer the questions below for this year and last year, using your SEC 10-K: Link to SEC...

Q:

Answer the questions below for this year and last year, using your SEC 10-K: Link to SEC 10-K:http://d1lge852tjjqow.cloudfront.net/CIK-0000315189/ceea88ae-ba2b-4204-9b4a-2c9a06e40401.pdf?noexit=true...

Q:

You previously completed an assignment for me and forgot to answer the question below. 2. REVIEW THE CHAIRMAN?S LETTER TO THE SHAREHOLDERS. Summarize the major points made in the letter. Use complete...

Q:

Prepare a summary of the auto industry by reviewing the attached report. Then compare these two companies, Group 1 Auto and Sonic Automotive. Base on a review of the two companies financial...

Q:

I am having problem coding this program using Visual Basic in Visual Studio 2017. Can somebody help me with the coding and also clearly declares all the variables and explains which variable belongs...

Q:

Answer these questions about IP address space: (a) What is the theoretical maximum address space for a 32-bit address, such as that used by IPv4? (Ignore the fact that some addresses aren't usable or...

Q:

1. Jeff makes a contract with Acme Farms to buy 1000 apples for $200, which is the average price for apples at that time. The contract specifies that Jeff must have the apples by April 2 so that he...

Q:

If a cost can be traced directly to its cost object, why might a company choose not to trace but to rather include the cost in the indirect cost category and allocate on some arbitrary basis? Let's...

Q:

READ the article, NBAA Humanitarian Emergency Response Operator (HEOR) Database (https://nbaa.org/aircraft-operations/hero-database/humanitarian-groups/ ), presented by the National Business Aviation...

Q:

23. Refer to BTZ Company. What is the net cash flow in Year 2? 12:28 a. Php298,813 b. Php473,813 c. Php498,813 d. Php626,875 050 145 VALUATION CONCEPTS AND METHODOLOGIES 24. Unicap Company is opening...

Q:

mework Your answer is partially correct. Try again. Maize Company incurs a cost of $35.97 per unit, of which $20.84 is variable, to make a product that normally sells for $57.79. A foreign wholesaler...

Q:

DC has unused FTC carryover from 2017 in the separate category for GC income as the result of income generated by a foreign branch. The income was foreign source general category income. In 2018 the...

Q:

A practitioner who performs an examination attestation engagement should document Who reviewed the work. The reasons a review of the work was not performed. Why a review of the work was necessary. An...

Q:

High Tech, Inc. has strong patent protection on a particular type of computer chip. High Tech uses the chip for the internal production of PCs. It also sells the chip to other manufacturers on the...

Q:

There has been an increased emphasis on compensating employees through incentive pay. High incentive pay, however, is not likely to be productive in all settings. Discuss the factors that are likely...

Q:

The Japanese are very good at returning lost property to local police stations. If you lose a wallet filled with cash in Japan it is likely to be turned into the police. This is true even though the...

Q:

The time to failure for a power supply unit used in a particular brand of personal computer (PC) is thought to be exponentially distributed with a mean of 4,000 hours as per the contract between the...

Q:

Dennis Cauchon and Julie Appleby reported in USA Today that the average patient cost per stay in American hospitals was $8,166. Assume that this cost is exponentially distributed. a. Determine the...

Q:

The useful life of an electrical component is exponentially distributed with a mean of 2,500 hours. a. What is the probability the circuit will last more than 3,000 hours? b. What is the probability...