Which of the following would be a legitimate government activity in the U.S. economy?
A. The regulation of water pollution.
B. The enactment of antitrust laws to protect consumers.
C. Enforcing child labor laws.
D. All of the choices are correct.
Answer: D
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Decreased investment spending in the economy would be a possible result of
A) an open market sale of bonds by the Fed. B) an increase in the money supply. C) an open market purchase of bonds by the Fed. D) a decrease in interest rates.
Dividends are
A) payments by a corporation to its shareholders. B) financial securities which represent ownership in a corporation. C) the interest rate paid on shares of stock. D) the yearly payments associated with bonds.
The real interest rate is calculated as the
a. expected rate of inflation divided by the nominal interest rate b. real GDP plus the expected rate of inflation c. nominal interest rate minus real GDP d. nominal interest rate minus the expected rate of inflation e. real GDP multiplied by the expected rate of inflation
In a deposit-refund system,
a. the refund component compensatesthe consumer for proper waste disposal or recycling activities b. the deposit component should be set equal to the MSC of illegal waste production c. the costs of monitoring and enforcement are higher than if a pollution charge were used d. actual polluters are not penalized for decisions that pose a risk to the environment