Evidence suggests that in the last several decades, technology has played a role in driving inequality. Thus, ________ may be key to reducing inequality in the future.
A. research and development
B. savings
C. investment
D. education
Answer: D
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If the U.S. imposed an import quota on farm machinery, then sales of U.S. farm machinery equipment producers would
a. rise and the exports of other U.S. industries would rise. b. rise and the exports of other U.S. industries would fall. c. fall and the exports of other U.S. industries would rise. d. fall and the exports of other U.S. industries would fall.
Output, including agricultural products, has increased at a geometric rate, not at the much slower arithmetic rate foreseen by Malthus.
Answer the following statement true (T) or false (F)
A command-and-control policy:
A. usually does not result in the use of the most efficient pollution abatement technology. B. does not affect the production costs of firms. C. usually finds the most efficient pollution abatement technology. D. increases the incentive for firms to develop efficient abatement technologies.
The AD curve shows the sum of
A) the price level, employment, and real GDP. B) consumption expenditure, investment, and real GDP. C) consumption expenditure, investment, government expenditures on goods and services, and net exports. D) consumption expenditure, investment, the price level, and real GDP.