What are the three goals of the Employment Act of 1946?

A) keep the peace, improve public education, and protect the environment
B) improve the education system, provide more job training, and expand the number of government jobs
C) full employment, price stability, and economic growth
D) full employment, better schools, and lower income taxes


Answer: C

Economics

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Which of the following describes an external benefit resulting from an individual's purchase of a winter flu shot? a. A flu shot is less expensive than the cost of treatment when you get the flu

b. The income of doctors increases when you get a flu shot. c. A flu shot reduces the likelihood that others will catch the flu from you. d. A flu shot reduces the likelihood that you will miss work as a result of sickness, and, therefore, you will earn more income.

Economics

If both Canadian exporters and importers are content with the Canadian exchange rate, what would keep them content tomorrow?

a. a stronger Canadian dollar b. a weaker Canadian dollar c. appreciation of the Canadian exchange rate d. depreciation of the Canadian exchange rate e. no change in the Canadian exchange rate

Economics

Which of the following attributes of fiscal policy will most likely be stressed by a proponent of supply-side economics?

a. the impact of budget deficits on interest rates and aggregate demand b. the impact of government spending on aggregate demand, output, and employment c. the impact of marginal tax rates on the supply and productivity of resources d. the impact of budget deficits on the rate of taxation in the future

Economics

Refer to the below demand graph for a farm product. Which of the following will cause the largest increase in total revenue for farmers?


A. A decrease in the price from PA to PC

B. A decrease in the price from PB to PC

C. An increase in the price from PC to PA

D. An increase in the price from PC to PB

Economics