Eliza Doolittle hasn't worked in years, and doesn't intend to. What can we clearly conclude about Eliza?
A) She's lazy.
B) She's a parasite on society.
C) She's not employed.
D) She's unemployed.
E) All of above are true.
C
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Assuming that C + Ir + G > C + I + G, then
a. there is an unintended inventory accumulation. b. there is an unintended inventory shortfall. c. aggregate demand is less than output. d. Both b and c
Economists who believe in encouraging concentration
a. are clearly wrong b. think that high prices are beneficial to society c. think that lower prices result from economies of scale d. want the government to break up monopolies e. favor a laissez-faire approach
All buyers benefit from a binding price ceiling
a. True b. False Indicate whether the statement is true or false
New growth theory puts emphasis on
A) ideas. B) experimenting with new ways of doing things. C) rearranging resources in ways that are more valuable. D) b and c E) a, b, and c