Food and drug labeling is a low-cost way to inform consumers about the contents of foods and the dangers of drugs

Indicate whether the statement is true or false


T Much information is contained in food labels, useful both to dieters and to those allergic to certain foods, and drug labels can inform of harmful side effects from mixing drugs, as for example with alcohol.

Economics

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Workfare requires able-bodied individuals to participate in work-related activities in order to receive transfer payments.

A. True B. False C. Uncertain

Economics

A marginal adjustment only refers to a minor change

a. True b. False

Economics

The most common form of economic decentralization involves

A. having very little government involvement in the economy. B. markets, where people buy and sell goods and services. C. government officials making economic decisions. D. government ownership of the means of production.

Economics

An inflationary gap will exist when

A. aggregate demand grows more slowly than aggregate supply. B. there is downward pressure on prices. C. expenditures are not equal to aggregate demand. D. equilibrium GDP is greater than full employment GDP.

Economics