People who receive the benefit of a good without contributing to its costs of production are called
a. contributors in kind.
b. free riders.
c. frequent flyers.
d. cost maximizers.
B
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An economy with an expansionary gap will, in the absence of stabilization policy, eventually experience a(n) ________ in the inflation rate, leading to a(n) ________ in output.
A. decrease; increase B. increase; increase C. decrease; decrease D. increase; decrease
According to this Application, after the government deceased cigarette taxes in several Canadian provinces, demand for cigarettes ________ in these provinces, shifting the demand curve to the ________
A) increased; right B) increased; left C) decreased; left D) decreased; right
[NeedAttention]
Exhibit 35-1
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The practice of forcing employers to use more labor than they would otherwise use is called
A) railroading. B) featherbedding. C) dumping. D) bootstrapping.