Which of the following is a transfer payment?
a. The federal government's budget deficit
b. Unemployment compensation payments
c. Military spending
d. Wages of government employees
e. The excise tax on gasoline
B
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Which of the following is not held constant along a firm's demand curve for labor?
A) the quantity of other inputs used by the firm B) the price of the product produced by the firm C) the wage rate D) changes in technology
In understanding the differences of the impact of globalization on inflation in various nations it is important to consider
A) the degree of development in a nation. B) the structure of income taxes in the country. C) the degree of central bank independence. D) all of the above.
spot exchange is efficient in the absence of
What will be an ideal response?
In 2009, the U.S. was supposed to be without price supports for milk and grains but actually spent
A. $45 billion on such price supports. B. $1 billion on such price supports. C. $75 billion on such price supports. D. $19 billion on such price supports.