In general, a fine on smoking cigarettes shifts the ________ curve of cigarettes ________
A) supply; rightward
B) supply; leftward
C) demand; rightward
D) demand; leftward
D
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If transfer payments increase then we would most likely conclude what about government spending as a result of this increase?
A. We cannot reasonably conclude anything about government spending. B. Since transfer payments have gone up this has caused government spending to decrease. C. Since transfer payments have gone up this has caused government spending to increase. D. Government spending would not change if transfer payments increase.
GDP does not directly include:
a. the value of final goods and services produced, but not sold, during a period. b. the value of services rendered during a period c. the value of intermediate goods sold during a period. d. any of the above.
What percentage of the 20,000 collective bargaining agreements negotiated each year are concluded without recourse to a strike?
A. 90 percent. B. 75 percent. C. 50 percent. D. 85 percent.
Your scholarship depends on your maintaining a 3.5 cumulative GPA. Your GPA for last semester was 3.6, which brought your cumulative GPA down. What must be true?
A. If this semester's grades are the same as last semester's, your overall GPA will stay the same. B. Last semester's grades were lower than your overall GPA. C. If this semester's grades are the same as last semester's, you might lose your scholarship. D. Last semester's grades were higher than your overall GPA.