The first attempt for workers in the United States to organize was in
a. 1748
b. 1792
c. 1815
d. 1869
e. 1903
B
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Which of the following is necessary for allocative efficiency to be achieved?
A) Marginal benefit must be maximized. B) Marginal cost must be minimized. C) Marginal benefit must equal marginal cost. D) The difference between marginal benefit and marginal cost must be maximized. E) Production must be at a point inside the production possibilities frontier.
How is inflation typically measured? What are the different types of inflation? Why is it important to know which type of inflation we may be experiencing?
If imports of Japanese automobiles are restricted, prices of U.S-made automobiles in the United States will be higher than they would otherwise be
Indicate whether the statement is true or false
From1980 –2007, government spending on all levels of education in constant dollars
a. increased by 1 percent per year b. increased by slightly more than 3 percent per year c. increased more than 10 fold d. fell by 5 percent e. fell by 5 percent per year