Which of the following would cause stagflation?
a. aggregate demand shifts right
b. aggregate demand shifts left
c. aggregate supply shifts right
d. aggregate supply shifts left
d
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The first important federal law passed to regulate monopolies in the United States was the
A) Sherman Act. B) Cellar-Kefauver Act. C) Federal Trade Commission Act. D) Clayton Act.
U.S. financial crises begin in a period of ________
A) rising incomes B) adverse selection C) rising uncertainty D) moral hazard
If total utility is increasing as more of a good is consumed: a. marginal utility must be decreasing
b. marginal utility must be increasing at an increasing rate. c. marginal utility is positive. d. both (b) and (c) are true.
The federal spending appropriation for Education and Training in the Fiscal Year 2016 was
A. $114 billion. B. $13 billion. C. $3 billion. D. $183 billion.