The view that many welfare mothers have baby after baby to keep their welfare checks rising is a view held by
A. many conservatives.
B. many liberals.
C. both many liberals and conservatives.
D. neither many liberals nor many conservatives.
A. many conservatives.
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Speculators in derivatives markets
A) reduce the efficiency of these markets. B) are acting contrary to U.S. securities laws. C) accept risk transferred to them by hedgers. D) reduce the liquidity of these markets.
The international treaty established to negotiate lower trade restrictions is known as the
a. World Bank Act b. General Agreement on Tariffs and Trade (GATT) c. International Association for Free Trade (IAFT) d. Countries United for Free Trade (CUFT) e. International Development Fund
Suppose at a particular level of real gross domestic product (GDP), there are no unintended inventory adjustments. In this context, which of the following is true?
a. Real GDP is less than the equilibrium level of real GDP demanded. b. Real GDP is greater than the equilibrium level of real GDP demanded. c. Real GDP equals the equilibrium level of real GDP demanded d. At equilibrium real GDP, there is no inflation. e. At equilibrium real GDP, there is no saving.
An increase in labor supply will:
a. decrease the equilibrium wage rate and increase the number of workers hired. b. increase the equilibrium wage rate and decrease the number of workers hired. c. decrease both the equilibrium wage rate and the number of workers hired. d. increase both the equilibrium wage rate and the number of workers hired.