The U.S. experience with expansionary measures from 1930 to 1945
a. repudiated the pump-priming theory.
b. verified the pump-priming theory.
c. repudiated the multiplier theory.
d. repudiated the deficit-spending theory.
a. repudiated the pump-priming theory.
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When a nation begins to export a good,
a. the domestic price of that good falls b. less of that good is produced domestically c. the domestic producers are made better off d. the domestic consumers are made better off e. both domestic and foreign consumers will purchase more of it
An efficient distribution of goods requires that
a. everyone gets an equal share of each good. b. marginal cost equal marginal utility for the last unit produced. c. each person derives the same total utility from the good. d. since tastes differ, every person pays a different price in accordance with different marginal utilities.
Which of the following acts prohibits directors of one company from sitting on the board of a competitor?
A. Sherman Act B. Federal Trade Commission Act C. Robinson-Patman Act D. Clayton Act
Factors affecting the level of medical care demand include all of the following except:
a. demographic characteristics. b. price of medical care. c. physician factors. d. health status. e. economic standing.