There are possible policies that could significantly reduce income inequality but opponents argue that such policies would be likely to lead to
A. higher inflation.
B. a reduction in unemployment.
C. no impact on inequality.
D. higher levels of economic growth.
E. higher unemployment.
Answer: E
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According to the above table, the value of M1 is
A) $1,205 billion. B) $1,213 billion. C) $1,888 billion. D) $1,629 billion.
Usury laws are designed to ensure that interest rates in the market do not exceed acceptable norms.
Answer the following statement true (T) or false (F)
Suppose the nation of Alphonia was charged with dumping electric lawnmowers in the nation of Omegalon. The two reasons a nation like Alphonia would dump products in another nation are:
A. price discrimination and import licensing. B. outsourcing and predatory pricing. C. price discrimination and predatory pricing. D. import licensing and outsourcing.
If the autarky price of S were lower in country A than in country B, then if trade were allowed
A) A would likely export S to B. B) A would likely import S from B. C) neither country would want to trade. D) None of the above.