Smaller budget deficits and looser monetary policy lead to a larger investment share and faster growth.

Answer the following statement true (T) or false (F)


True

Economics

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In the next three years, the federal tax system could be replaced with a national retail sales tax.

A. True B. False C. Uncertain

Economics

The average National Basketball Association player is over 6 feet tall. The average horse jockey is shorter than 5 1/2 feet tall. This is because height provides NBA players with:

a. d and e. b. an absolute advantage for horse racing. c. an absolute disadvantage for other sports in general. d. a comparative disadvantage in horse racing. e. a comparative advantage in basketball.

Economics

For a given seller, the figure below shows the relationship between the number of units produced and the opportunity cost of producing an additional unit of output. If the market price of this good is $6, how many units would this seller produce?  

A. 250 B. 50 C. 150 D. 300

Economics

If the CPI changed from 210.6 in 2007 to 209.4 in 2008 to 206.3 in 2009, this would be an example of

A. disinflation. B. escalating inflation. C. creeping inflation. D. deflation.

Economics