The U.S. government incurred a national debt for the first time during
A. The Revolutionary War.
B. Ronald Reagan's presidency.
C. World War II.
D. The Great Depression.
Answer: A
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The data points on a supply curve come from
A) survey analysis. B) the same place from which we get the data points on a demand curve. C) the supply schedule. D) companies' annual reports.
If you based your estimate on how long it took poor regions of the United States to catch up to the per capita incomes of the rest of the nation, how long do you believe it would take Eastern Europe to obtain per capita incomes comparable to those of Western Europe?
a. About one year. b. About five to ten years. c. About twenty five years. d. Several generations.
Fiscal policy involves which of the following?
A. interest rates B. changing the amount of money in circulation C. tax policy D. all of these
Survivor bias
A. is a type of selection bias. B. is relatively insignificant with respect to economic research. C. can only occur in studies involving people of significant age difference. D. all of the above