When the strong enforce rules possibly based on arbitrary decisions, it is called the:
A. rule of force
B. rule of one
C. rule of man
D. rule of law
Answer: A
You might also like to view...
Who among the following is NOT frictionally unemployed?
A) Andrew, a teenager who has just entered the labor market looking for his first part-time job B) Barbara, who is re-entering the labor market after a divorce C) Charles, who was laid off from his factory job but expects to be recalled in a few weeks D) Diana, who has quit her job and is now looking for another
A decrease in the price level causes a ________ the IS curve and a ________ the aggregate demand curve
A) movement up along; movement up along B) shift to the right of; movement up along C) movement down along; movement down along D) shift to the left of; movement down along
According to the law of diminishing returns
a. Production increases at a decreasing rate b. Production increases at a increasing rate c. Production decreases at a decreasing rate d. Production decreases at an increasing rate
If the actual money multiplier equals the potential money multiplier, and if the Fed wishes to reduce the money supply by $1 million when the reserve ratio is 10 percent, then the Fed should
A. buy $100,000 of government securities. B. sell $10,000 of government securities. C. sell $100,000 of government securities. D. buy $10,000 of government securities.