A baseball bat is excludable. What can Sadie do that shows the excludability of a baseball bat?
a. use it for a purpose other than batting
b. let everyone on the team bat with it
c. draw a picture of it
d. lock it in her closet
d. lock it in her closet
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A key issue in the presidential election of 2012 between President Obama and Mr. Romney concerned tax rates. President Obama favored increasing taxes, especially on the rich. As a result of a tax increase
A) the aggregate demand curve shifts leftward. B) the aggregate demand curve shifts rightward. C) the aggregate supply curve shifts leftward. D) the aggregate supply curve shifts rightward.
Which of the following is a store of value?
a. cash and stocks b. cash but not stocks c. stocks but not cash d. neither cash nor stocks
Refer to the following graph.If this country is producing between point G and Q, it will gain by ________ its production of good A and importing more ________.
A. increasing; good B B. decreasing; good B C. increasing; good A D. decreasing; good A
Government spending that changes automatically without action by Congress is
A. payments to contractors for routing services performed. B. national defense. C. a noncontrollable expenditure. D. discretionary payments.