One of reasons the government may choose to spend would be the:
A. real interest rates decrease.
B. real interest rates increase.
C. government expected to earn a large return on its spending.
D. beliefs about what citizens may need.
D. beliefs about what citizens may need.
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State legislators who wanted to eliminate state regulation of the trucking industry would be most likely to find support among
A) business owners who must pay higher prices for deliveries as a result of the regulations. B) owners and managers of large trucking concerns. C) owners of small trucking concerns. D) unions that represent truck drivers.
A highway is a public good _____
a. if it is free b. if it is publicly run c. if it is uncongested d. if drivers cannot be excluded from driving on it
Which of the following best describes how the real balance effect works?
A) The price level falls, purchasing power rises, a person's monetary wealth rises, and the person buys fewer goods and services. B) The price level rises, purchasing power rises, a person's monetary wealth decreases, and the person buys more goods and services. C) The price level rises, purchasing power falls, a person's monetary wealth falls, and the person buys fewer goods and services. D) The price level falls, purchasing power rises, a person's monetary wealth falls, and the person buys fewer goods and services. E) none of the above
The long-run effect of rent control on an area includes
A) rampant building of new low-income housing. B) many new luxury apartments new luxury apartments will be built. C) new investors into the real estate market in the area. D) less investment into the real estate market in the area.