Thomas Jefferson strongly influenced the passing of the Land Ordinances of 1785 and 1787
A close study of those ordinances suggests that Jefferson believed in the importance of securing the private rights of individuals to buy, sell and derive income from their land. Indicate whether the statement is true or false
True
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Over the last decade, U.S. investment is higher than it otherwise would have been because of ___________.
Fill in the blank(s) with the appropriate word(s).
The rapid development of Internet technologies during the 1990s allowed businesses to produce goods and services more cheaply than before and also gave rise to completely new services. We would show this change in the AD/AS model by moving the short-run aggregate:
A. supply curve up with little change in aggregate demand. B. supply curve down (to the right) with little change in aggregate demand. C. demand curve right with little change in short-run aggregate supply. D. demand curve left with little change in short-run aggregate supply.
Which of the following groups believes that the economy can achieve full employment without inflation through tax reductions, lower resource prices, and deregulation?
A. Classical school B. Keynesian school C. Supply-side school D. Rational expectations school
A change in consumer taste will prompt a change in _____.
Fill in the blank(s) with the appropriate word(s).