Stocks are a form of debt obligation
Indicate whether the statement is true or false
False
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Cyclical unemployment includes people who become unemployed from
A) normal labor market turnover. B) changes in the seasons. C) changes in international competition. D) technological changes. E) changes in the business cycle.
A widely held theory of bureaucratic behavior is that:
a. government bureaus seek to maximize their budgets. b. government bureaus operate at a profit. c. bureaus sell public goods and services in a market. d. bureaus are more concerned with satisfying consumer demand than are firms.
The birth rate in most LDCs is
A. lower than that of most industrial countries. B. the same as most industrial countries. C. much higher than that of most industrial countries.
A pollution tax internalizes the costs of pollution a firm is imposing on others.
Answer the following statement true (T) or false (F)