If government adhered strictly to the idea of an annually balanced budget, then during a recession,
A. both expenditures and tax rates would have to be decreased.
B. both expenditures and tax rates would have to be increased.
C. expenditures would have to be increased and/or tax rates decreased.
D. expenditures would have to be reduced and/or tax rates increased.
D. expenditures would have to be reduced and/or tax rates increased.
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All of the following contribute to labor productivity growth EXCEPT
A) population growth. B) physical capital growth. C) human capital growth. D) technological advancements.
In the early 20th century, segregation of street cars made streetcar companies
a. more profitable and was supported by private streetcar companies. b. more profitable but was opposed by private streetcar companies. c. less profitable but was supported by private streetcar companies. d. less profitable and was opposed by private streetcar companies.
Higher education subsidies in the form of the federal government's student loan program
a. induce more people to attend colleges and universities. b. keep interest rates low on student loans. c. cause lenders to take on more risk. d. All of the above are correct.
While many managers and lawyers might claim that implicit contracts "aren't worth the paper that they are not written on," most understandings between companies and their customers and employees are implicit. Why?
What will be an ideal response?