Which of the following is a possible rationing device?
A) dollar price
B) first-come-first-served
C) brute force
D) a and b
E) a, b, and c
E
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Total factor productivity in railroads _____________ in the 20 years prior to the Civil War
a. decreased slightly b. remained largely unchanged c. increased by about 25 percent d. more than doubled
A special interest issue is one that:
a. provides large private benefits and large social benefits b. provides small private benefits and large social benefits. c. provides large benefits to each of a small number of people and small costs to each of a large number of people. d. provides small benefits to each of a small number of people and large costs to each of a large number of people.
What are the three properties of money?
What will be an ideal response?
Poverty is a condition where a person or family does not have the means to:
A. Satisfy all wants B. Save enough for the future C. Earn a stable income D. Meet basic needs