EU deepening refers to
A) legislation that restricts the sovereignty of individual countries.
B) activities that cause increased levels of integration in the national economies.
C) extending the boundaries of the EU to include new members.
D) adding additional countries into the single currency area.
B
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If the minimum wage is set above the market wage
A) unemployment will rise. B) the quantity of labor supplied will be below the quantity of labor demanded. C) highly-skilled workers will have a harder time finding jobs. D) All of the above are correct.
Which of the following promoted legislation that would give private citizens greater information regarding public policymaking?
a. The Keynesians b. The monetarists c. The new classicals d. The traditional classicals e. The consumer advocates
Excise taxes include sales taxes, unit taxes, and
a. property taxes b. estate taxes c. customs duties d. inheritance taxes e. poll taxes
Which of the following increases demand for a good
A) a rise in the price of a complement B) the expectation that future income will be higher C) an increase in income, assuming the good is an inferior good D) a decrease in the number of buyers E) a fall in the price of a substitute