In-kind transfer payments are _____
a. efficient
b. popular with recipients
c. paternalistic
d. a and b
c
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If the Department of Defense hires only volunteers, the armed forces will be staffed predominantly by people who
A) are incompetent. B) are patriotic. C) care principally about money. D) see the armed forces as their best opportunity. E) want to serve more than they want to make money.
For a typical short-run production function, so long as marginal product is increasing, average product will be increasing as well
Indicate whether the statement is true or false
Refer to Table 2.3. Assume that 2010 is the base year. The GDP deflator for 2010 is
A) 67.1. B) 84.5. C) 100.0. D) 118.3.
The increasing share of women in the labor force may have contributed to the decrease in unionization
a. True b. False Indicate whether the statement is true or false