Which of the following policies would be most likely to reduce the efficiency of a country's economic organization?
a. a legal structure that establishes secure property rights
b. imposition of tariffs and other barriers limiting international trade
c. competitive markets
d. a stable monetary system
B
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As world economies start to recover from the 2008 financial crisis and firms expect profits to increase
A) the price level in the U.S. will decrease as firms increase investment. B) the U.S. short-run aggregate supply curve immediately will shift rightward. C) investment will increase and there will be a movement up along the aggregate demand curve. D) both investment and aggregate demand will increase.
Using the expenditure approach, GDP equals:
a. C + I + G + (X ? M). b. C + I + G + (X + M). c. C + I ? G + (X ? M). d. C + I + G ? (X ? M).
Refer to the information provided in Figure 9.1 below to answer the question(s) that follow. 
Figure 9.1Refer to Figure 9.1. For this farmer to maximize profits he should produce ________ bushels of wheat.
A. 6 B. 9 C. 12 D. 16
The poverty rate is defined as:
A. the percentage of the population that falls below the relative poverty line. B. the percentage of the population that falls below the absolute poverty line. C. the percentage of low income earners to high income earners. D. the lowest one percent of all income earners.