Fundraising efforts are often viewed as an attempt to use social pressure to discourage free riding and serve the outcome that will produce a public benefit
a. True
b. False
Indicate whether the statement is true or false
True
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A decrease in demand would be represented by
A) the price of a good going from $3 to $4. B) an increase in the cost of resources used to produce the good. C) a movement along the demand curve. D) a shift of the demand curve to the left.
Figure 10.4 Federal Surplus or Deficit as a Percent of GDP
What will be an ideal response?
We devote a larger portion of our GDP to transportation than most developed countries because of
A. the high price of gasoline. B. inadequate rail transportation. C. size of the country. D. lack of roads and parking lots. Productivity and real GDP are inversely related.
Inflation is an increase in
A. real gross national product. B. the price of one item. C. the overall price level. D. the average income level.