Is there any common characteristic shared by government-inhibited goods and government-sponsored goods? Explain briefly
What will be an ideal response?
Government-inhibited and government-sponsored goods do not have any inherent characteristics that qualify them as such; instead, through the political process, people collectively make judgments about which goods and services are "good" for society and which are "bad."
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Technology can enable producers to economize on:
a. labor b. capital c. land d. any of the above.
In 2013:
a. almost all of the uninsured had income below or just above the poverty line b. 45% uninsured adults were ages 18 to 34 c. both of the above d. neither of the above
If the aggregate demand curve shifts in the short run moving the economy out of long-run equilibrium:
A. the short-run aggregate supply curve will shift to bring it back into long-run equilibrium. B. inflation will always occur. C. the aggregate demand curve will eventually shift back once expectations are taken into account. D. we will move along the short-run aggregate supply curve back to equilibrium.
The English Parliament regulates companies that trade stock publicly through a law known as the:
A. Bubble Act. B. Company Act. C. Leverage Act. D. Anti-Corruption Act.