Before the Great Depression the popular view of government was:
A. activist; and after the Great Depression, the popular view of government was laissez-faire.
B. laissez-faire; and after the Great Depression, the popular view of government was activist.
C. laissez-faire; and after the Great Depression, the popular view of government was still laissez-faire.
D. activist; and after the Great Depression, the popular view of government was still activist.
Answer: B
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Safe Bank has an outside display which has the time and temperature that is always correct. This is an example of
A) an interference in the workings of the price system. B) a breakdown in communication between the bank and its customers. C) a negative externality. D) a positive externality.
From the 1ate 1780s to immediately before the Civil War, the U.S. slave population:
a. increased from roughly 300,000 to over 6 million. b. increased from roughly 600,000 to almost 4 million. c. stayed roughly the same. d. increased by nearly 10 million.
The productivity gains from computer revolution appear to be small, possibly because we have not yet learned how to measure productivity in service sectors?such as banking, law, and medicine?that have benefited the most
Indicate whether the statement is true or false
In the 1980s, Howard was one of the best car phone repairmen in his area. After staying home in the 1990s and early 2000s to take care of his children, Howard wants to go back to work in the phone repair business. Which of the following can be said about Howard?
A. Howard's ability to repair car phones represents an obsolete skill. B. Because car phones are obsolete, Howard's human capital is less valuable. C. Howard's knowledge of how to repair car phones is obsolete, and his human capital is less valuable now than in 1980. D. All of these could be said about Howard.