When trying to move the economy out of recession, the Republican Party is more likely than the Democratic Party to focus on
A. monetary policies.
B. demand-side and supply-side policies.
C. supply-side policies.
D. demand-side policies.
Answer: D
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Suppose the population is 220 million people, the labor force is 150 million people, the number of people employed is 130 million and the working-age population is 175 million people. What is the unemployment rate?
What will be an ideal response?
Refer to the table below. Busy Betty sells her cakes for $20 each and her constant marginal cost to produce each cake is $12, which is equal to her (constant) average total cost. What is her expected marginal benefit from holding the 20th cake in inventory?
The above table shows the probability distribution of cake sales at Busy Betty's Bakery.
A) $7.80
B) $8.00
C) $7.20
D) $12.80
All taxes carry which of the following costs?
A. Time in creating procedures for collecting revenues B. Enforcing tax payments C. Managing collected funds D. All taxes incur all of these costs.
One cause of market failure may be the absence of clearly defined property rights
a. True b. False Indicate whether the statement is true or false