In election campaigns, presidents often promise more of everything (that is, more guns and more butter). What would help those elected presidents fulfill that promise?
A. The economy becomes more efficient.
B. A minimum wage bill is passed.
C. Illegal immigration into the United States is severely limited.
D. The United States limits imports into the country.
Answer: A
You might also like to view...
If investment in an economy falls, which of the following is likely to happen?
A) Labor demand will increase. B) The revenue of firms in the economy will fall. C) Asset prices will rise. D) The number of mortgage defaults will fall.
The amount of time an individual is willing to offer for a wage depends on the
a. all of the following b. value of time devoted to leisure activities c. boredom, discomfort, and aggravation associated with work d. value of time devoted to nonmarket work e. satisfaction gained from goods purchased with the wages
If the risk on foreign government bonds increases relative to U.S. government bonds, the price of U.S. government bonds should:
A. increase as the demand for these bonds increases. B. decrease since people will bail out of all government bonds. C. not be affected because the two types of bonds are traded in different markets. D. not change since U.S. government bonds are free of default risk.
In the above figure, the total cost of producing the profit maximizing level of output is shown by rectangle
A. 0P5EQ5. B. 0P4HQ4. C. 0P2BQ1. D. 0P1AQ1.