From an economics standpoint, the Articles of Confederation did not provide for

(a) levying taxes to support a central government.
(b) regulating interstate commerce.
(c) enforcing laws, because no federal judiciary was authorized.
(d) any of the provisions mentioned above.


(d)

Economics

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In the range of disposable income where the consumption function lies above the 45° line,

A) disposable income is negative. B) saving is negative. C) disposable income equals planned expenditures. D) induced consumption is zero. E) saving is positive.

Economics

A supply curve shows quantities supplied at various prices. It also shows the

A) total profit the firm earns at a given level of output. B) marginal benefit of the good. C) total cost of production. D) marginal cost of production. E) producer surplus, which is equal to the slope of the supply curve.

Economics

Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 

A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C

Economics

A Certificate of Deposit would be counted in which measure of money?

A. M2 B. Hard money C. M1 D. It would be counted in both M1 and M2

Economics