Which of the following will increase economic freedom?
a. subsidies and regulations that favor business
b. high tariff rates
c. high marginal tax rates
d. protection of persons and their property from aggression
D
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Use the following figures to answer the next question.
A decline in aggregate expenditures from AE2 to AE1 resulting from the real-balances, interest-rate, and foreign purchases effects would be depicted as a ________.
A. shift of aggregate demand from AD2 to AD1 B. shift of aggregate demand from AD1 to AD2 C. movement from A to C along aggregate demand curve AD1 D. movement from C to A along aggregate demand curve AD1
Refer to Figure 28-2. At which point is the unemployment rate equal to the natural rate of unemployment?
A) A B) B C) C D) There is insufficient information on the graph to answer this question.
Dan Unowsky assigns his computer repairers four tasks: customer service, replacement of broken parts, clean-up of equipment, and sale of used equipment to customers. If the company provides a 10 percent commission for all sales made by employees, then
A. employees will clearly emphasize the clean-up task. B. replacement of broken parts will clearly be favored by employees. C. employees may ignore other tasks when faced with a potential sale. D. the entire production process will be speeded up by the sales incentive.
A. How much is the tax in the above graph? B. How much of this tax is borne by the buyer and how much is borne by the seller? C. As a result of the tax, by about how much does consumption fall?
