If a new economics educator with a Ph.D. finds work as a taxi driver, but continues to look for a professorship, he is counted as employed
Indicate whether the statement is true or false
T
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________,
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
The significance of the corporate income tax as a percentage of federal revenues has _____
a. declined since 1960 b. declined since 1983 c. remained constant since 1960 d. increased until 1960 and fallen since then
In the treatment of U.S. exports and imports, national income accountants:
A. add exports, but subtract imports, in calculating GDP. B. subtract both exports and imports in calculating GDP. C. add both exports and imports in calculating GDP. D. subtract exports, but add imports, in calculating GDP.
When the government contributes to a public good, private contributions will fall.
Answer the following statement true (T) or false (F)