The increase of ice cream sales and property crime rates at the same time shows which of the following?
a. one variable causing another variable
b. two variables being caused by a third variable
c. three variables having no connection between them
d. two variables being caused by two other variables
b. two variables being caused by a third variable
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The value of a country's exports is listed in its balance of payments account as a(n)
a. credit b. debit c. payment d. investment e. unilateral transfer
The Personal Consumption Expenditures Index
A. also includes producer prices (like the cost of iron ore). B. only includes food and energy. C. strips out the cost of food and energy. D. includes all goods and services people buy (not just what "average" people buy).
Governments can increase the likelihood of economic development by
What will be an ideal response?
The Sherman Antitrust Act of 1890 prohibited
A) export tariffs. B) attempts to restrain trade. C) all existing monopolies. D) interstate commerce.