The lower the market price of water

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Reference no: EM131393538

"Politics is too often the thing that gets in the way of good economic policy being implimented" The economist who said this most likely

A) believe that will be alot of crowding out if government spending is increased

B) believes that fiscal policy is preferably to monetary policy when it comes to stabilizing the economy

C) prefers rule based monetary policy to discretionary monetary policy

D) prefers discretionary monetary policy to rule based monetary policy

2. The lower the market price of water, the ___________ the ____________ surplus.

a. greater; producer

b. less; producer

c. greater; consumer

d. less; consumer

e. greater; dead weight loss

f. less; dead weight loss

Reference no: EM131393538

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