Which of the following is not a government transfer program?
a. unemployment compensation
b. Social Security
c. food stamps
d. Medicare
e. movement of soldiers to a different military base
E
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Which of the following will NOT cause a shift in the supply of gasoline?
A) An increase in the wage rate of refinery workers B) A decrease in the price of gasoline C) An improvement in oil refining technology D) A decrease in the price of crude oil
Last year there were 6 pizza shops in town. This year there are only 4. Other things being equal, the decrease in the number of suppliers will
A) cause the market supply curve to shift to the right. B) increase the market demand for pizza. C) cause a decrease in the quantity supplied at each price. D) have no impact on market supply as long as the demand for pizza remains strong.
Albert and Betty hire Christine and David to play music at their wedding. Elizabeth, who lives behind the church, cannot study because of the loud music. The third party is:
a. Albert. b. Betty. c. Christine. d. David. e. Elizabeth.
The largest income component in the national income accounts is
A. wages. B. rents. C. corporate profits. D. interest.