The use of public money to attract sports is
A. overwhelmingly in baseball.
B. limited to football.
C. expanding to include spring training baseball sites.
D. now causing the Master's golf tournament to move to Las Vegas.
Answer: C
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Policies that mandate the installation of specific pollution control devices are called
A) incentive policies. B) benefit policies. C) welfare policies. D) command-and-control policies.
In the Solow model, the steady-state capital—labor ratio will decline if
A) the saving rate per worker increases. B) the consumption rate per worker declines. C) population growth increases. D) productivity increases.
Consumption patterns in the U.S. between 1790 and 1860 indicate a growing preference for
(a) basic necessities. (b) high quality clothes and homes. (c) simple, standardized and mass-produced goods. (d) luxury items.
Saving represents
A) a source of funds for business investment. B) a normal part of the circular flow of income and output. C) an injection to the circular flow of income and output. D) a counter-example to Say's law that the classical economists never considered.