Government growth has been caused by
A. citizens who want larger government.
B. lots of public lands available in the West.
C. increases in privatization.
D. inflation.
A. citizens who want larger government.
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Major macroeconomic issues include differences across countries in all of the following EXCEPT:
A. unemployment rates B. infant mortality rates C. economic growth rates D. inflation rates
The supply schedule and the supply curve are just two __________ ways of showing the same information.
a. numeric b. graphical c. identical d. different
James enjoys gardening in the nude because he says it puts him in touch with nature. His neighbors find his gardening routine very offensive, but James replies that they should mind their own business and not watch him. To an economist this situation illustrates the concept of:
A. a positive externality. B. adverse selection. C. a negative externality. D. the tragedy of the commons.
An example of a government program aimed at reducing poverty that is universal is:
A. public education. B. Social Security. C. Medicare. D. All of these are universal programs.