In which of the following countries will the national government have the greatest influence with respect to the nation's economy?
A. China
B. Cuba
C. Canada
D. Chile
B. Cuba
You might also like to view...
Some economists argue that Okun's Law overstates the cost of cyclical unemployment because
A) the cost of retraining workers must be offset against the loss in output that occurs when workers are unemployed. B) if efficiency wages prevail, and workers are paid their real wage, already employed workers will reduce their effort, reducing output. C) it ignores the fact that leisure increases during a recession. D) it ignores the loss of government revenue and additional government expenditures that occur when unemployment rises.
Other things held constant, investment in physical capital will increase: a. labor productivity. b. national income
c. wages. d. all of the above
What is the Coase Theorem? What are transaction costs?
Which of the following examples would fit this graph?
a. The production of the sculpture’s copies matches closely with consumer demand for this work.
b. The streaming of the album increases as good word-of-mouth spreads about it.
c. The manufacturing of a designer purse remains constant even though more people want to buy it.
d. The film’s distribution increases from 100 to 1,000 theaters despite low audience turnout.