The Cold War, or "war on communism,"
a. was the most expensive war of the twentieth century.
b. is believed to have caused an increase in defense spending that came at the expense of private consumption rather than private investment.
c. is believed to have caused an increase in defense spending that came at the expense of private investment rather than private consumption.
d. Both a and b are correct.
e. Both a and c are correct.
d. Both a and b are correct.
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In economics, the main difference between market and government stems from differences in
A) attitude. B) prevailing property rights. C) competition and cooperation. D) men and women. E) the majority and the minority.
A sum of money to be received in the future is worth more than a sum of money today.
Answer the following statement true (T) or false (F)
When the U.S. decides to strengthen its border control, the labor market in California is affected. We would expect the:
A. demand for labor to decrease. B. supply of labor to increase. C. supply of labor to decrease. D. demand of labor to increase.
Keynesian theories theories relay on changes in ____________ as causes of short run fluctuations
A) large increases in the price of oil B) component ofs the production function C) consumer views about the course of the economy D) fluctuations in the quantity of money