If the Department of Defense hires only volunteers, the armed forces will be staffed predominantly by people who
A) are incompetent.
B) are patriotic.
C) care principally about money.
D) see the armed forces as their best opportunity.
E) want to serve more than they want to make money.
D
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A market that mainly stresses product differentiation is called
A) perfectly competitive. B) monopolistically competitive. C) a monopoly. D) an oligopoly.
A nation's standard of living is best measured by its
a. real GDP. b. real GDP per person. c. nominal GDP. d. nominal GDP per person.
Which one of the following persons would be classified as unemployed by the Bureau of Labor Statistics?
What will be an ideal response?
According to Classical models, the level of employment is determined primarily by
A. government taxation. B. government spending. C. the level of aggregate demand for goods and services. D. prices and wages.