The right to openly support and to elect leaders in a democratic way is known as
A) political freedom.
B) economic freedom.
C) constitutional freedom.
D) external freedom.
A
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Which of the following statements is true?
A) Using fewer observations will strengthen the force of an empirical argument. B) The number of observations used does not affect the strength of an empirical argument. C) Empirical arguments can be supported without the use of data. D) Using a large data set will strengthen the force of an empirical argument
On the Laffer curve, an increase in tax rates causes tax revenue to increase if the starting point is
A. to the right of the top. B. exactly at the top. C. to the left of the top. D. to the farthest point to the right.
Even though the number of workers in manufacturing has increased in the post-war world (since 1947), the proportion of manufacturing workers in the total labor force has declined
Indicate whether the statement is true or false
An economy in which output has decreased and prices have increased would suggest that there has been a:
A. negative demand side shock. B. negative supply side shock. C. positive demand side shock. D. positive supply side shock.