Balanced across the board, U.S. income growth characterizes the period of the:
A. entire 20th century.
B. 1960's to 1990's.
C. mid 1940's to the early 1970's.
D. 1980's to the present.
Answer: C
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A currency appreciation
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Public goods, as defined in economics, are a.. goods that are provided by the government b. overprovided because of their public nature c. provided efficiently in competitive markets but at too low a level d. subject to free-rider problems e. characterized by rivalry and nonexclusiveness
Exhibit 3-3 Demand curves
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A. Graph A. B. Graph B C. Graph C. D. Graph D.