Water quality in the United States has ____ in the past 25 years
a. improved
b. worsened
c. remained unchanged
d. improved slightly before a recent deterioration
a
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If the firm is maximizing profits (minimizing losses), they are making a profit or loss of about ____.
A. -$1,000
B. $500
C. $3,000
D. $2,500
Unintended inventory changes
A. precipitate explosive inflations of highly unstable stagflation. B. are less important in Keynesian than in classical models. C. ensure that planned saving is always equal to planned investment. D. are signals to business firms to increase or cut production.
Answer the following statements true (T) or false (F)
1. As long as government officials have to be elected, they are always held accounted for their policy decisions and choices. 2. Economic analysis would focus on the size of the government, in order to assess whether or not it fosters economic efficiency. 3. It is generally believed that, because of the election process, the incentives and pressures for internal efficiency are stronger in the public sector than in the private sector. 4. Critics of government contend that the market system creates incentives and pressures for internal efficiency which are absent in the public sector. 5. "Good economics" is about marginal costs and marginal benefits of specific projects; "good politics" is more about clear benefits and hidden costs.
Checks ________ money and checking deposits ________ money
A) are; are B) are; are not C) are not; are D) are not; are not