The U.S. government spent $5 million during a particular year in providing food and shelter to earthquake victims in Japan. This is an example of a(n) ________
A) export to Japan B) transfer payment to Japan
C) factor payment to Japan D) import from Japan
B
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Since World War II, the average length of recessions in the United States has been:
a. 2 months. b. 11 months. c. 2 years. d. 3 1/2 years.
What is featherbedding and why do unions engage in the practice?
What will be an ideal response?
Effective price floors prevent the market price from falling to reach equilibrium.
Answer the following statement true (T) or false (F)
Which of the following statements is true of the trends in wealth inequality?
A. The share of the top 10 percent, which was 67% in 1989, grew to 75.3% by 2013. B. The wealth shares of the bottom 90 percent and top 10 percent have decreased by 30% from 1989 to 2013. C. The wealth shares of the bottom 90 percent and top 10 percent have increased by 30% from 1989 to 2013. D. The share of the bottom 90 percent, which was 67% in 1989, grew to 75.3% by 2013.