List the four broad categories of factors of production
What will be an ideal response?
labor, capital, natural resources, and entrepreneurship
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The interest rate on Baa corporate bonds is ________, on average, than interest rates on Treasuries, and the spread between these rates became ________ in the 1970s
A) lower; smaller B) lower; larger C) higher; smaller D) higher; larger
Employment in manufacturing fell by almost twenty percent between 1980 and 1999
Indicate whether the statement is true or false
Demand-pull inflation occurs
A. when the aggregate demand curve shifts to the right, while aggregate supply remains stable. B. when the aggregate demand curve shifts to the left, while aggregate supply remains stable. C. when the aggregate supply curve shifts to the right, while aggregate demand remains stable. D. when the aggregate supply curve shifts to the left, while aggregate demand remains stable.
In 2007, about what percentage of people with private health insurance in the U.S. received it as an employer-provided benefit?
A. 34% B. 51% C. 72% D. 88%