Each of the following industries was deregulated during the last 30 years except
A. the airlines.
B. trucking.
C. banking.
D. radio and TV.
D. radio and TV.
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Which of the following would most likely NOT be taught in a macroeconomics course?
A) changes in the health care industry B) factors leading to different economic growth rates among countries C) government actions in response to a slowdown in the economy D) the relationship between the inflation rate and the unemployment rate
Which of the following statements is not correct?
a. If GDP is rising faster than debt, the government is, in some sense, living within its means. b. The ratio of debt to GDP in the United States has always been less than one. c. Debts during wars may distribute the burden of fighting the war more evenly across generations. d. During times of peace in the United States, the ratio of debt to GDP sometimes rose.
Fixed investment is
A) when a firm adds to its inventories of goods. B) when a firm accumulates profits. C) dissavings. D) an expenditure by firms on new machines that are expected to produce income in the future.
Which of the following would be considered a variable input in the long run? a. The size of a firm's plant
b. The acreage of an apple farmer's orchard. c. The production capacity of a machine. d. All of the above.