The NAFTA would probably not have been ratified by Congress without labor and environmental side agreements
Indicate whether the statement is true or false
TRUE
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The slope of the consumption function is the
A) APS. B) MPC. C) MPS. D) APC.
A Keynesian economist believes that
A) if the economy was left alone, it would rarely operate at full employment. B) the economy is self-regulating and always at full employment. C) the economy is self-regulating and will normally, though not always, operate at full employment if monetary policy is not erratic. D) the economy is self-regulating and will normally, though not always, operate at full employment if fiscal policy is not erratic.
Within the circular flow model, which of the following is not represented as a flow of funds into firms?
A) Foreign purchases of goods and services. B) Income payments. C) Consumption spending. D) Government purchases.
Using public policy to promote health can contribute to growth because:
A. workers who are in good health will be more productive and less likely to miss work days. B. workers who get free health care are more likely to be careless. C. workers who are in good health take more vacation days and are less likely to work. D. it allows the importation of more goods and services.