According to the analysis in your textbook, the school voucher program would
A. decrease the level of spending on education.
B. increase the level of spending on education.
C. force some people to leave the public school system.
D. leave the level of spending on education the same.
Answer: B
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The term "depository institution" refers to
A) savings and loan associations only. B) commercial banks, credit unions, and savings and loan associations. C) credit unions only. D) commercial banks only.
Why is it that if an industry is operating under conditions of internal scale economies then the resultant equilibrium cannot be consistent with the pure competition model?
What will be an ideal response?
Examples of Mises' "Planned Chaos"
a. 1970s oil price & allocation regulation b. the planned Soviet economy c. the financial crisis of 2006 d. both a and b e. all of the above
The establishment of "right-to-work" laws came about with the passage of the
A. Sherman Antitrust Act. B. Taft-Hartley Act. C. National Labor Relations Act. D. Landrum-Griffin Act.