Which of the following is the Title that protects race?
a. title iv
b. title v
c. title vi
d. title vii
Ans: d. title vii
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Suppose the market demand function for ice cream is Qd = 10 - 2P and the market supply function for ice cream is Qs = 4P - 2, both measured in millions of gallons of ice cream per year. Suppose the government imposes a $0.50 tax on each gallon of ice cream. The price received by sellers with the tax is:
A. $2.33. B. $1.50. C. $1.75. D. $1.83.
Suppose that the Fed undertakes an open market sale, selling $1 million worth of securities to a bank. If the required reserve ratio is 8%, checkable deposits (or the money supply), would _______________ by ________________ million, assuming that there are no cash leakages and that banks hold zero excess reserves
A) rise; $12.5 B) decline; $8 C) decline; $12.5 D) rise; $8
Refer to the provided graph. Minimum efficient scale occurs at
A) Q3. B) Q2. C) Q1. D) Q4.
Suppose the government attempts to stimulate the economy by increasing spending without increasing taxes. Which of the following statements is most likely to be accepted by someone who believes in crowding out?
A) The government's actions will have their intended effect. B) The government's actions will cause businesses to become more optimistic about the economy, and they will increase their output even more than the government had intended. C) The government's actions will raise interest rates, causing decreased investment and consumption, and the economy will not expand as much as the government had intended. D) This is a trick question, because the federal government is required by law to increase taxes by the same amount as it increases expenditures.