Which of the following would be the most accurate means for the government to obtain information about the value of irrigation water for farmers to be supplied by the construction of a new dam?
a. Survey the farmers.
b. Hire experts to provide an estimate.
c. Use the current cost to farmers of withdrawing water from underground sources.
d. Conduct an economic study of how an increase in water supply would affect farmer income.
c. Use the current cost to farmers of withdrawing water from underground sources.
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Which of the following best describes bank regulations?
a. Bank regulation falls into a number of categories, including reserve requirements, capital requirements, but not restrictions on the types of investments banks may make. b. Bank regulation falls into a number of categories, including reserve requirements, capital requirements, and restrictions on the types of investments banks may make. c. Bank regulation falls into a number of categories, including reserve requirements, restrictions on the types of investments banks may make, but not capital requirements. d. Bank regulation falls into a number of categories, including capital requirements, and restrictions on the types of investments banks may make, but not reserve requirements.
Under a regressive tax system, the marginal tax rate for high income taxpayers is
a. higher than the marginal tax rate for low income taxpayers. b. the same as the marginal tax rate for low income taxpayers. c. lower than the marginal tax rate for low income taxpayers. d. Any of the above could be true under a regressive tax system.
Place point Q on the graph to indicate an unemployment rate of 100 percent, point R to indicate full employment and point S to indicate where the United States economy usually operates.
A review of occupational distribution of population from time to time helps us to know the
A. rate of which the population grows B. number of people that makes up the labour force C. efficiency of the working population D. industries which are becoming less important E. number of people that are bot employed