Use the information provided in Table 7.1 below to answer the question(s) that follow. 
 Table 7.1Inputs Required to Produce a Product Using Alternative Technologies Refer to Table 7.1. Which technology is the most labor intensive?

A. A
B. B
C. C
D. D


Answer: A

Economics

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The view that the choices consumers face should be limited for their own good is known as ________

A) Keynesian theory B) institutionalist theory C) rational adaptations D) libertarian paternalism

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Some economists claim that investment and economic growth are dependent upon income inequality

Indicate whether the statement is true or false

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If a tax is levied on the sellers of a product, then the demand curve will

a. shift down. b. shift up. c. become flatter. d. not shift.

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Transfer payments represent income that is not earned but received by individuals.

Answer the following statement true (T) or false (F)

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