For neoclassical economists, the value of a good is determined by:
A. theamount of labor put into it.
B. its quality.
C. its usefulness.
D. the market context
E. exchange rates
Answer: D
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Which of the following entities is responsible for influencinginterest rates in the United States?
a. the Congress b. the Congressional Budget Office c. the Executive Office of the President d. the Federal Reserve Board
The legal challenge in Roe v. Wade initially challenged _______
a. Illinois law that permitted abortion but only in the cases of rape b. doctors who refused to perform abortions in the case of rape in Florida and Georgia c. laws in all states that made abortion illegal d. a Texas law that made it a crime to obtain an abortion
Laws prohibiting libel and obscenity are examples of
a. prior restraint. b. subsequent punishment. c. selective incorporation. d. clear and present danger. e. Hate speech
The ___________ Convention was the first convention called to address commercial problems in September 1786
a. Annapolis b. Baltimore c. New Jersey d. Philadelphia e. Washington