In what industrial sector are children most likely to be working?
What will be an ideal response?
Agriculture
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Demand-pull inflation could start with
What will be an ideal response?
Max has allocated $100 toward meats for his barbecue. His budget line and an indifference map are shown in the above figure. What is the price of chicken?
A) $0.80/lb B) $1.25/lb C) $4/lb D) $5/lb
One reason health insurance is very expensive is because
A) it is likely a nearly fair insurance policy. B) it is subject to manipulation through market power. C) the government doesn't regulate the industry enough. D) it is likely an unfair insurance policy.
The economy pictured in the figure below has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; B B. recessionary; C C. recessionary; A D. expansionary; A