The classical economists believed in all the following, EXCEPT
A. the crude version of the quantity theory of money.
B. laissez faire.
C. the sophisticated version of the quantity theory of money.
D. Say's Law.
C. the sophisticated version of the quantity theory of money.
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Which type of graph is most useful in determining if two variables are correlated?
A) variable-correlation figure B) time-series C) scatter diagram D) cross-section E) None of the above answers is correct.
The positive effect of having more potential volunteers resulting in a greater likelihood of a beneficial outcome is known as the diffusion effect
Indicate whether the statement is true or false
Suppose you're looking for a new living room sofa and discover that the local store is running a Presidents' Day sale. You are delighted because if you end up buying the sofa, the sale will
a. increase the marginal utility you derive from that sofa b. increase your consumer surplus c. reduce your consumer surplus d. decrease the marginal utility you derive from that sofa e. increase the total utility you derive from that sofa
The primary deficit is
A) government spending minus interest on the debt. B) government spending minus net tax revenues. C) government spending plus interest on the debt minus net tax revenues. D) government spending plus net tax revenues minus interest on the debt. E) interest on the debt minus net tax revenues.