Since the late 1980s:
A. the Soviet socialist economic and political structure has fallen apart.
B. the Soviet socialist economic and political structure has spread to other nations.
C. the Soviet Union installed Soviet-dominated governments in a number of Eastern European countries.
D. socialism has gained popularity among the governments of Eastern Europe.
Answer: A
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From 1970 to 2007 households held ________ because ________
A) less money relative to income; people began using credit cards less often B) less money relative to income; people began using credit cards more often C) more money relative to income; people began using credit cards less often D) less money relative to income; the price level began to rise E) more money relative to income; people began using credit cards more often
(Last Word) A caller to a radio talk show states that oil companies are "greedy price gougers." This is an example of:
A. loaded terminology. B. the "after this, therefore because of this fallacy." C. the fallacy of composition. D. the economic perspective.
In the table below you will find a schedule of a firm’s fixed cost and variable cost. Complete the table by computing total cost, average fixed cost, average variable cost, average total cost, and marginal cost
Which of the following is a TRUE statement?
A. The most important source of economic growth is the extent to which the government directly enters into decisions where research and development activities should be directed and who should be involved in research and development activity. B. The most important sources of economic growth are the quantity and quality of the land and other natural resources a country controls. C. The most important source of economic growth is the rate of population growth since a growing population stimulates demand for goods and services, and provides the labor to produce the goods and services. D. The most important sources of economic growth are the new ideas generated by entrepreneurs in an economic system that permits them to capture the rewards of their entrepreneurial activities.