What are the three goals of the Employment Act of 1946?

A) keep the peace, improve public education, and protect the environment
B) improve the education system, provide more job training, and expand the number of government jobs
C) full employment, price stability, and economic growth
D) full employment, better schools, and lower income taxes


C

Economics

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Arguments against the balanced budget amendment include which of the following?

A) A balanced budget amendment would increase capital formation. B) A balanced budget amendment would exert fiscal discipline on the federal government. C) A balanced budget amendment would limit Congress' ability to use fiscal policy during a recession. D) A balanced budget amendment would reduce the taxation burden on future generations.

Economics

The barrier to entry that allowed Alcoa to make persistent economic profits was ownership of an essential input

Indicate whether the statement is true or false

Economics

With a tax of $12, hours of work become

Suppose the supply of labor is W – t = 10H, where W is the gross wage, t is the tax (in dollars), and H is labor hours. The demand for labor is W = 120 – 2H. a) H = 8 b) H = 9 c) H = 10 d) H = 11 e) H = 12

Economics

Normative economics

A. answers the question "What is?" B. predicts the consequences of alternative actions. C. answers the question "What ought to be?" D. is the focus of most modern economic reasoning.

Economics