The economic recovery program begun by the Roosevelt Administration to end the Great Depression was known as the _____________________.
Fill in the blank(s) with the appropriate word(s).
New Deal
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Which of the following graphical representations can be used most appropriately to show the distribution of a household's income, in terms of percentages, among the various categories of expenses?
A) A bar chart B) A time-series graph C) A pie chart D) A histogram chart
A method that is technologically inefficient
A) might or might not be economically efficient. B) can never be economically efficient. C) results from failure to calculate the ratio of the cost of labor to the cost of capital. D) means that it uses too much labor and too little capital.
The table above represents the marginal cost and marginal benefit associated with pizza (in terms of movies). What quantity of pizza should be produced if resources are to be used efficiently?
A) 5 pizzas B) 6 pizzas C) 7 pizzas D) 8 pizzas
The term laissez-faire has the same meaning as which Beatles song?
a. Hey Jude b. Penny Lane c. Nowhere Man d. Tax Man e. Let it Be