Government spending plays no role in meeting our social and public needs
a. True
b. False
Indicate whether the statement is true or false
False
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The key indicator of a country's living standard and economic well-being is:
A. real GDP. B. the interest rate. C. real GDP per person. D. nominal GDP per person.
Based on the information in the table above, which product(s) is/ are inferior?
What will be an ideal response?
In Figure 45.5, where one union is bargaining against one employer, the highest possible negotiated wage paid to workers will be 
Figure 45.5
A. W*. B. W2. C. W1. D. an undetermined point between W1 and W2.
The slope of a graph with "income" on the horizontal axis and "saving" on the horizontal axis is +0.2. This means that if: (BOTH SAY HORIZONTAL)
A. Income is $100, then saving is $20 B. Income is 0.20, then saving is zero C. Income increases by $100, then saving will rise by $20 D. Saving rises by $100, then income will rise by $20