Some people working in the underground economy could be counted in labor statistics as unemployed, while others may be counted as not in the labor force
a. True
b. False
Indicate whether the statement is true or false
True
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Provision was made for squatters' rights in the 1785 Northwest Ordinance
Indicate whether the statement is true or false
The primary distinction between an expenditure that is on budget and an expenditure that is off budget is _____
a. that all off-budget expenditures are entitlements b. that all on-budget expenditures are public goods or quasi-public goods c. that Congress has determined the expenditures should be on budget or off budget d. a and b
Name the 6 pillars of free enterprise.
What will be an ideal response?
Which of the following always causes a deviation from perfect competition?
a. a government subsidy b. a large number of sellers c. a standardized product d. a large number of buyers