Posted on 02/16/2010 12:38:38 PM PST by Paul46360
these questions were from my Macro Econ quiz..
I am curious to see how well you all can answer them...
Which of the programs below would not transfer wealth between young and old generations?
a.Taxes are raised to provide better education.
b.Taxes are raised to improve government infrastructure such as roads and bridges.
c.Taxes are raised to provide more generous Social Security benefits.
d.Taxes are raised to provide more generous Medicare benefits.
Which of the programs below would transfer wealth from the young to the old?
a.Taxes are raised to provide better education.
b.Taxes are raised to improve government infrastructure such as roads and bridges.
c.Taxes are raised to provide more generous Social Security benefits.
d.None of the above transfer wealth form the young to the old.
Which of the following would transfer wealth from old to young?
a.Increases in the budget deficit.
b.Decreased building of highways and bridges.
c.More generous education subsidies.
d.Indexation of Social Security benefits to inflation.
Will give the book answers later...
b, c, c
I'll be waiting with the right answers until I hear what's in it for me . TANSTAAFL .
B, A, C
studying intergenerational risk sharing huh?
Agree. b, c, c
Agreed b c c
your choices were correct..thanks for participating..
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.