Attempts to lobby the government for private gain are referred to by the text as
A. corruption.
B. rent-seeking.
C. graft.
D. collective agreements.
Answer: B
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We can increase the United States' rate of economic growth by
A. devoting more output to capital goods.
B. devoting more output to improving our technology.
C. devoting more output to improving the quality of our labor force.
D. all of the choices are true.
During the stock market boom of the late 1920s stock prices ______
a. rose at about the same rate as dividends b. rose faster than dividends c. rose more slowly than dividends d. there is, surprisingly, not enough information to know what happened to pricesrelative to dividends
Archie can paint 5 backyard fences or repair 2 cars in 8 hours, while Austin can paint 4 backyard fences or repair 2 cars in 8 hours. Identify the correct statement
a. Archie is relatively better in repairing cars. b. Archie is relatively better in painting fences. c. Austin is relatively better in painting fences. d. Archie and Austin are equally good in painting fences. e. Neither Archie not Austin are good in repairing cars.
Once you buy a coupon bond, which of the following can change?
A. Coupon payment B. Coupon rate C. Yield to maturity D. Face value