Government can reallocate resources away from private goods towards public goods, usually through:
A. Import tariffs and quotas
B. The laws of supply and demand
C. Taxes and government spending
D. Positive and negative externalities
C. Taxes and government spending
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A congested street is ________ in consumption
A) excludable and rival B) non-excludable but rival C) excludable but non-rival D) non-excludable and non-rival
Refer to the graph shown. If expected inflation increases from 0 percent to 6 percent, the:
A. economy will move from point B to point C. B. short-run Phillips curve will shift from PC2 to PC1. C. short-run Phillips curve will shift from PC1 to PC2. D. economy will move from point C to point A.
Who first studied job motions with bricklayers, studying how fewer hand motions made the work faster?
a. max weber b. abraham maslow c. douglas mcgregor d. frank gilbreth
Open market operations are
A. the buying and selling of existing U.S. government securities in open private markets by the Fed in order to change the money supply. B. the selling of new government securities by banks in order to increase the money supply. C. the selling of new government securities in open private markets by banks in order to finance the deficit. D. the buying and selling of existing U.S. government securities in open private markets by citizens.