A decrease in government expenditure would shift the:
A) aggregate demand curve rightward.
B) aggregate demand curve leftward.
C) aggregate supply curve rightward.
D) aggregate supply curve leftward.
B
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Answer the following statements true (T) or false (F)
1. In recent years, immigration has contributed an insignificant amount to the U.S. population growth. 2. The main driver of economic immigration is the opportunity to improve earnings and living standards. 3. The majority of international migrants move to countries relatively close to their home countries because close proximity reduces the cost of the move relative to anticipated benefits. 4. Other things equal, larger wage differences between nations tend to increase the flow of immigration toward the country with higher wage opportunities.
Which of the following statements is most accurate?
a. Most economic historians believe that the policies of the federal government were an important cause of the Great Depression. b. Most economic historians believe rapid increase in inequality caused the Great Depression. c. The US experienced a relative absence of cyclical unemployment and was relatively free from the mass joblessness that had previously plagued the nation. d. More homogenous communities chose to have higher taxes to fund schools.
Your school offers college seniors one "free" college course. Is this course also free to society?
A. Yes, because the seniors live in society. B. Yes, because the school has satisfied the assumption of making a rational choice. C. No, because if a college-senior takes the last seat in the class, t then a paying student will not have the opportunity to take it. D. No, because some students will not take a free class seriously and will ultimately become less productive workers.
Why is it misleading to argue that emissions permits are a “license to pollute”?
What will be an ideal response?