Inflation caused by an increase in aggregate spending is referred to as:
a. Hyperinflation
b. Demand-push inflation
c. Cost-push inflation
d. Demand-pull inflation
d. Demand-pull inflation
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School districts in which relatively more parents choose to not have their children immunized:
A. have higher rates of the diseases for which immunization is normally required. B. are in violation of federal health care regulations. C. have lower rates of the diseases for which immunization is normally required. D. tend to be in poorer neighborhoods.
Laissez-faire is a French expression which literally means
a. whatever works. b. allow them to do. c. to get involved. d. to make do.
The "law of demand" refers to the fact that, other things remaining the same, when the price of a good rises,
A) the demand curve shifts rightward. B) the demand curve shifts leftward. C) there is a movement down along the demand curve to a larger quantity demanded. D) there is a movement up along the demand curve to a smaller quantity demanded. E) the demand curve shifts rightward and there is a movement up along the demand curve to a smaller quantity demanded.
Productivity per worker has increased in the past primarily through
a. hiring more teenagers. b. hiring more women. c. medical benefits. d. technological development.