The textbook cites an estimate of the "sacrifice ratio" in the United States of approximately
A) one-third.
B) one-half.
C) one.
D) three.
E) six.
D
You might also like to view...
Positive economic analysis answers what question?
What will be an ideal response?
The redirection of macroeconomic policy that took place during the Reagan and both Bush administrations was inspired by
a. supply-side economics. b. real business cycle theory. c. new classical economics. d. new Keynesian directions.
Overfishing and extinction of species arise because of:
a. an abundance of natural resources. b. communist countries. c. the lack of incentive to take care of these species. d. private ownership of these resources. e. a high degree of economic freedom in all countries.
Corporations obtain funds when their previously issued stock is traded.
Answer the following statement true (T) or false (F)