An airline wants to introduce a charge for snacks on flights. Why would it not be such a good idea?
a. Passengers would be less likely to buy snacks
b. Passengers would be more likely to carry their own snacks onboard
c. Passengers would feel nickel-and-dimed and would switch airlines
d. All of the above
d
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According to the Monetarists, the real effect of monetary policy on output is
a. long-lasting and unpredictable. b. predictable and beneficial. c. nonexistent in the short run. d. always less than fiscal policy
Which of the following is concerned with social regulation?
A) Federal Reserve Board B) Sherman Commission C) Food and Drug Administration D) Board of Education
Which theory states that education is correlated with natural ability?
Braun and Evans found that
A. professional forecasters have rational expectations of inflation. B. electricity use by producers rises sharply in economic upturns. C. shocks to fiscal policy are the main source of business cycle fluctuations. D. the measured Solow residual varied sharply over the seasons.