By the usual criteria of biracial enrollment, a school with one minority student would be regarded as integrated
Indicate whether the statement is true or false
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If the government wishes to correct the existence of positive externality, it could
A) grant subsidies to consumers to stimulate demand. B) impose a tax on the producers to stimulate supply. C) impose taxes on consumers to stimulate demand. D) grant subsidies to producers to reduce supply.
Which of the following is an example of a positive economic statement?
a. The economy's output increased by 3 percent last year. b. A central bank should not print more money because inflation will result. c. Congress should stabilize the social security system by raising taxes now. d. The economy should grow at 5 percent each year. e. The government farm products surplus should be distributed to the needy.
The national defense of the United States is not excludable because
a. my enjoyment of the national defense does not diminish your enjoyment of the national defense of the United States. b. my enjoyment of the national defense does diminish your enjoyment of the national defense of the United States. c. once the nation is defended, it is impossible to prevent any single person from enjoying the benefit of this defense. d. once the nation is defended, it is possible to prevent any single person from enjoying the benefit of this defense.
A technological advance __ the long-run aggregate supply curve and ___ the short-run aggregate supply curve.
What will be an ideal response?