Which of the following statements about public education is TRUE?
A) Over the last 40 years, there has been an increase in spending for public education, while there has not been a significant increase in performance.
B) Over the last 40 years, there has been a decrease in public spending for public education, while there has not been a significant increase in performance.
C) Most of the increases in public spending on public education have gone into programs that have increased student learning.
D) Over the last 40 years there has been no decline in any of the measures of student performance in public education.
A
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In 2009, our goods and services trade deficit was almost $______ billion.
A. 300 B. 400 C. 500 D. 600
The recessionary GDP gap will differ from the AD shortfall when the
A. Multiplier effect lowers spending. B. Multiplier effect raises spending. C. Aggregate supply curve slopes upward. D. Budget is balanced.
If wealth ________, then saving increases, which is shown by a ________
A) decreases; rightward shift of the supply of loanable funds curve B) decreases; movement downward along the supply of loanable funds curve C) increases; rightward shift of the supply of loanable funds curve D) increases; leftward shift of the supply of loanable funds curve E) increases; movement upward along the supply of loanable funds curve
The above figure shows the market for 2 bedroom town homes in San Diego. If a rent ceiling is set at $1,000 per month, what is true?
A) The quantity of town homes demanded decreases to 100,000. B) Black market rents might be as high as $1,300 per month. C) The quantity of town homes supplied increases to 250,000. D) More town homes are rented after the rent ceiling that before. E) The quantity demanded of town homes is less than the quantity supplied.