Inflation is best understood as the rate at which __________
a. gross domestic product expands ---
b. prices for goods and services decrease
c. prices for goods and services increase
d. the federal government increases taxes to raise revenue
c
You might also like to view...
Which of the following men served as vice president before serving as president?
A. George H. W. Bush B. Ronald Reagan C. Al Gore D. Barack Obama E. Jimmy Carter
Why did those who used the Literary Digest as a basis for their sample fail to accurately predict the outcome of a presidential election?
A) The sample was not a representative group of Americans. B) The poll was conducted too early in the campaign to properly predict the results. C) The interviewers hired to conduct the poll were improperly trained. D) None of the above. E) The sample was too young.
The Senior Executive Service was created to do which of the following?
A) to help senior executives choose the right retirement program B) to protect the seniority of federal employees C) to establish a nucleus of top executives in the government in a way that would balance career risk-taking against rewards for high performance D) to prevent the president and Congress from firing senior members of the federal bureaucracy E) investigate breaches of security in government agencies
The impact of immigration on public service provision and the welfare state in industrialized countries is often ______.
A. positive, because most migrants are healthy, working-age people who do not require state-sponsored welfare support B. negative, because most migrants are more likely to receive social benefits than are native-born households C. positive, because illegal immigrants do not receive social benefits or state support D. negative, because some immigrants are able to receive social benefits despite not being in host countries legally