Technological improvements in coal mining will
A) increase the price of coal.
B) decrease the price of coal.
C) increase the interest rate.
D) decrease the interest rate.
B
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The traditional Keynesian approach concludes that an increase in government spending
A) generates a greater increase in investment spending. B) generates a greater increase in total spending because consumption spending increases as incomes increase. C) has no effect on total spending because consumers increase saving by an equal amount. D) generates an equal increase in total spending because government spending makes up part of total spending.
Gradual emancipation laws adopted by some Northern states:
a. used tax revenues to compensate slave owners for the financial loss associated with freeing slaves. b. provided for all newborn children of slaves to be freed at birth. c. provided for the freedom of female slaves, but not male slaves. d. recognized that after age 10 the cost of a slave to the owner was less than the benefit of a slave to the owner.
Screening is
a. actions by the informed party to reveal her true risks b. actions by the informed party to conceal her true risks c. actions by the uninformed party to uncover the true risks d. actions by the uninformed party to conceal the true risks
Total Revenue Product with six units of labor would be
A. $200.
B. $340.
C. $1,000.
D. $1,200.