If the United States increased its budget deficit, and it is at or near full employment, the most likely effect is to crowd
A. in investment and crowd out net exports.
B. out investment and crowd in net exports.
C. in investment and crowd in net exports.
D. out investment and crowd out net exports.
Answer: D
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Refer to the above figure. The Law of Increasing Additional Costs applies in
A) Panel A only. B) Panel B only. C) Panels A and B. D) neither Panel A nor B.
We call a group a team if the total output produced by the group can be separated into individual outputs
Indicate whether the statement is true or false
Which one of the following people is not considered by the BLS as belonging to the labor force?
a. a full-time student at Nassau Community College who devotes all her time to her classes b. Roger Cherrier, who works 30 hours a week at Burger King and goes to school at night c. David Reinblatt, who was fired last week and immediately started searching for a new job d. the President of the United States e. Matt George, who plays professional hockey for the minor league team the Hershey Bears and concedes that he would play for nothing because of the love of the sport
Suppose the Tidy Laundry Detergent Company, which sells 40% of all detergent, is thinking about raising its price. Before Tidy makes the change, they analyze the likely responses of the All-Clean Detergent Company, which sells 35% of all detergent, and Cheerful Detergent Company, which sells 20% of all detergent. Tidy's behavior showsÂ
A. mutual interdependence in pricing decisions. B. nonprice competition. C. difficult entry in oligopolies. D. collusion.