The largest U.S. government training program is
A. the armed forces.
B. R&D.
C. public education.
D. the FBI.
Answer: A
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Refer to Table 11-2. What is the average product of labor when the orchard employs 5 workers?
A) 270 bushels B) 54 bushels C) 40 bushels D) 8 bushels
The type of commercial policy followed by England under the navigation laws
(a) was followed throughout the 17th and 18th centuries but not by any governments today. (b) was followed throughout the 17th and 18th centuries and is still pursued, in one way or another, by all governments in the world today. (c) was followed throughout the 17th, 18th, and 19th centuries but not by most governments today. (d) was followed throughout the 17th and 18th centuries and by European governments today, but not by the United States since the founding of the nation.
The Phillips curve shows a negative relationship between the:
a. consumption rate and the unemployment rate. b. savings rate and the inflation rate. c. interest rate and the savings rate. d. inflation rate and the unemployment
The Laffer curve represents the relationship between real GDP and various possible tax rates
a. True b. False Indicate whether the statement is true or false