The proceeds of the sale of NZ state owned assets in the 1980's were generally used to Select one: a. increase welfare payments. b. reduce Government debt. c. reduce taxes. d. fund large infrastructure investment projects.

The proceeds of the sale of NZ state owned assets in the 1980's were generally used to Select one: a. increase welfare payments. b. reduce Government debt. c. reduce taxes. d. fund large infrastructure investment projects.

Microeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506893

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter14: Investment, The Capital Market, And The Wealth Of Nations

Section: Chapter Questions

Problem 16CQ

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Question

The proceeds of the sale of NZ state owned assets in the 1980's were generally used to

Select one:

increase welfare payments.

reduce Government debt.

reduce taxes.

fund large infrastructure investment projects.

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