Which of the following is not true about The American Recovery and Reinvestment Act of 2009:
A. it is more commonly known as the "stimulus plan."
B. it Increased government spending.
C. it included tax cuts.
D. It privatized social security system.
D. It privatized social security system.
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In a payoff matrix for a three-player game, there are three payoffs in each cell. The third payoff goes to the column player
Indicate whether the statement is true or false
Which of the following occurred following the failure of the Bank of the United States in 1930?
A) Interest rates on low-grade corporate bonds rose relative to high-rated corporate bonds. B) Other banks in New York City suffered liquidity problems. C) A bank panic ensued within days. D) The stock market crashed.
What are the earnings of a resource with a perfectly elastic supply curve called?
a. Transfer earnings b. Dividends c. Economic rent d. Capital gain e. Interest
Increased border patrol will affect the labor market in California. With a(n) ________ in labor supply, we would expect wages to ________.
A. decrease; increase B. decrease; decrease C. increase; decrease D. increase; increase