Injections include all of the following except
A. Investment.
B. Saving.
C. Exports.
D. Government spending.
Answer: B
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If there is excess demand in a market, then this suggests that:
A. the market price is above the equilibrium price. B. there is an opportunity for mutually beneficial trades. C. there is no way to help some people without harming others. D. the market is in equilibrium.
What are the functions of money?
"It would be an undue hardship to require people whose income is below $15,000 per year to pay income taxes." This statement reflects which of the following principles for a tax?
A. benefits-received B. inexpensive-to-collect C. ability-to-pay D. fairness of contribution
The long-established trend toward increasing mandatory federal spending was interrupted by the
A. retirement of aging baby boomers. B. new lunar landing mission. C. Obama Stimulus Plan of 2009. D. Medicare prescription drug plan.