Political candidates running for the same office tend to voice
A) the same views on how things should be accomplished so that one candidate does not gain an advantage over the other.
B) the same views on how things should be accomplished, simply because there usually is no difference between their views.
C) quite different views on how things should be accomplished so that voters will see that one approach is better than another.
D) the same views on what things should be accomplished, but not speak specifically on how things should be accomplished.
D
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If foreigners spend more on U.S.-made goods and services than we spend on theirs
A) foreigners must borrow from the United States or sell U.S. assets to make up the difference. B) all U.S. national saving remains in the United States. C) we must borrow from foreigners because of low imports. D) funds flow in from abroad to help finance U.S. investment.
The benefit principle views _____
a. a tax as the price that is paid for a government-supplied activity b. all government activity as beneficial c. all taxes as being beneficial if they are spent in the public interest d. all Pareto-efficient moves as beneficial
If the aggregate demand curve shifts rightward, then _____
a. the price level increases and output decreases b. the resulting increase in the price level is usually called cost-push inflation c. the resulting increase in the price level is usually called demand-pull inflation d. the price level increases as long as the aggregate supply curve shifts leftward e. the price level decreases and output decreases
Which of the following examples would most likely convey product quality to consumers?
a. A sweater has a high price. b. A printer is on sale. c. A shoe has many items in stock. d. A stove has brand recognition.