Health care debates illustrate how special interest groups can use their lobbying power to "control" the federal government to transfer wealth from one group of productive, income earning individuals to another group that may or may not be

productive. Indicate whether the statement is true or false


True

Economics

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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen asĀ 

A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward

Economics

BBQ to Go is a large fast food restaurant chain with franchises located throughout the United States. BBQ to Go's advertising ________ promote the benefits of eating BBQ to Go sandwiches and ________ highlight an individual BBQ to Go location in Asheville, North Carolina.

A) will not; will B) will; will C) will not; will not D) will; will not

Economics

A cheerleader-turned-pop-vocalist is offered a choice by her producer of either a lump sum of $20 million for all future work or a stipend of $1 million per year, payable to her and her heirs forever. She should choose the $1 million

a. no matter what the interest rate is b. if the interest rate is greater than 20 percent c. if the interest rate is less than 20 percent d. if the interest rate is greater than 5 percent e. if the interest rate is less than 5 percent

Economics

The chair of the Board of Governors of the Fed must resign when a new president is elected

a. True b. False Indicate whether the statement is true or false

Economics