The price of medical care in the United States has:
A. remained relatively unchanged in recent years.
B. risen slower than the overall price level.
C. risen at the same pace as the overall price level.
D. risen faster than the overall price level.
Answer: D
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Supplies of drinking water depend on
a. ground water b. surface water c. water resources protected by the Clean Water Act d. all of the above e. none of the above
Which of the following best describes how the U.S. Department of Labor treats discouraged workers in its calculations?
a. They are counted as unemployed members of the labor force. b. They are counted as unemployed but not as members of the labor force. c. They are not counted as unemployed but are counted as members of the labor force. d. They are not counted as unemployed or as members of the labor force.
The city of Logan Square needs $40 million for a network of streetlights. There are 20,000 residents in the Logan Square neighborhood, meaning the cost for each resident is $2,000. Mr. Miller refuses to donate $2,000 towards the project. This is an example of the problems encountered with:
A. consumer goods. B. capital goods. C. private goods. D. public goods.
A horizontal merger
A) is a merger between firms in the same industry. B) results in a trust (for example, the Standard Oil Company). C) is a merger between firms at different stages of production of a good. D) was illegal in the United States until the Federal Trade Commission Act was passed by Congress in 1914.