The government should only provide a pure public good if ________ and ________.
A. the good's benefits exceed its costs; there is no less costly way to provide it
B. the good is indeed a public good; the majority of voters want it to be provided
C. voters desire the good; no new taxes will be needed
D. the good's benefits exceed its costs; the government can afford to provide the good
Answer: A
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The quantity of U.S. exports is determined by
A) U.S. consumption expenditure. B) political factors. C) aggregate incomes in the rest of the world. D) U.S. aggregate expenditure. E) U.S. GDP.
Increases in population shift the market supply curve for labor to the right
Indicate whether the statement is true or false
The most likely substitute good for hot dogs would be:
A. ketchup. B. burgers. C. potato chips. D. a plate.
Refer to the information provided in Figure 7.9 below to answer the question(s) that follow. 
Figure 7.9Refer to Figure 7.9. The slope of isocost AB is
A. -1. B. 0. C. 1. D. indeterminate from this information, as the prices of capital and labor are not given.