The newest evidence on Head Start suggests that ________ participants are less likely to be charged with a crime later in life than equally-situated non-participants.
A. white
B. most
C. African-American
D. all
Answer: C
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Lawrence’s country has had three different governments in the last two years. Lawrence knows several people who had their property seized without payment when the new government took over. People are no longer starting businesses or buying buildings because they have no way to guarantee that they will still own them tomorrow. What is the likely result of the situation in Lawrence’s country?
a. The incentive to invest is high. b. The private sector will step in to increase growth. c. The country will have a low rate of economic growth. d. The country will have a high rate of output per capita.
With expected inflation equal to zero in the model, investment activity for an economy is:
a. a positive function of the nominal rate of interest. b. a negative function of the nominal rate of interest. c. constant in the face of differing nominal rates of interest. d. limited to the rate of growth of nominal GDP minus the inflation rate.
Economic growth implies that:
A.) Prices have risen. B.) Total value of the output produced has increased. C.) Per capita GDP has declined. D.) Resources are limited.
The lower portion of the circular flow model contains factor markets in which households provide:
A. goods and services. B. savings, spending, and investment. C. natural resources, labor, and capital. D. output of all final goods and services produced.