Which of the following contributes to income inequality?
a. unequal abilities
b. unequal ownership of property
c. discrimination
d. All of these.
d. All of these.
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Those who favor changes in the market for health care that would make it more like the markets for other goods and services are generally in favor of universal health care coverage
Indicate whether the statement is true or false
A country that has a trade surplus:
A. imports more than it exports. B. has a negative trade balance. C. sells more goods abroad than it buys from abroad. D. buys more goods at home that it buys abroad.
Widespread use of credit cards
a. will increase the M1 money supply figures. b. will increase the M2 money supply figures but not those for M1. c. tends to reduce the average quantity of money that people will choose to hold. d. tends to increase the average quantity of money that people will choose to hold.
Economic efficiency requires that costs associated with the expansion and utilization of capital be balanced against the
a. future increases in output derived from improved tools and production methods. b. reduction in future employment due to automation. c. indirect costs of capital goods. d. need to maintain a reserve army of the unemployed.