Brazil has a relatively low income per capita because it has relatively few natural resources
a. True
b. False
Indicate whether the statement is true or false
False
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Taking action to reveal one's own private information is called:
A. screening. B. signaling. C. statistical discrimination. D. proofing.
The income transfers that a person receives from Social Security
A) is not related to the amount that they have contributed. B) is a yearly proportion of the amount contributed. C) is the same for everyone whether they contributed to the system or not. D) depends entirely on the amount received from private pensions.
If the economy's resources are fully employed, pumping money into the economy will put ________ pressure on interest rates and will ________ output
A) upward; not change B) upward; decrease C) downward; decrease D) downward; not change
The market system is able to allocate resources efficiently because individuals have the right to the output they produce and _____
a. freedom of the press b. freedom of speech c. freedom of movement d. freedom of exchange