Consumers will ________ interest-sensative consumption spending, when interest rates are higher
Fill in the blank(s) with the appropriate word(s).
decrease
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Scarcity requires that we
A) produce efficiently. B) learn to limit our wants. C) have the most rapid economic growth possible. D) have unlimited resources. E) make choices about what goods and services to produce.
Which of the following groups experiences high unemployment rates?
a. White-collar professionals b. Attorneys c. Technical workers d. Blue-collar workers e. Web page designers
School vouchers are
A. provided by the government. B. provided by private organizations. C. public funds to be used for private tuition. D. all of these answer options are correct.
According to the theory of international trade, a nation should
A. always export goods in which it has a comparative advantage. B. always import goods in which it has an absolute advantage. C. always export goods in which it has an absolute advantage. D. always import goods in which it has a comparative advantage.