Which of the following will LEAST likely generate positive external effects to society?
A) education
B) a novel
C) health care
D) requiring drivers to undergo a test for alcohol consumption
Answer: B
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When cross-sections of Americans are asked what the main problem they are dealing with is, the majority will say they don't have:
a. Nearly enough time b. A big enough house c. Enough money d. Meaningful relationships
When white males resist to share responsibilities with members of a minority group, it is termed as:
a. employer prejudice. b. consumer prejudice c. worker prejudice. d. statistical discrimination. e. occupational segregation.
Nations trade what they produce in excess of their own consumption to:
a. generate jobs for the domestic economy. b. earn "good will" from the World Bank. c. prevent chronic surpluses from driving down domestic prices. d. acquire other things they want to consume. e. reduce the size of their foreign trade deficit.
Cost-push inflation is due to:
a. raw material cost increases. b. energy cost increases. c. All of the answers are correct. d. labor cost increases.