In the Easy Step Interview, you must identify:
a. Type of Industry
b. Company name
c. Company address
d. All of these
d. All of these
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The law of supply states that
A) producers are legally required to make necessary items available in the marketplace. B) there is a positive relationship between price and quantity supplied, ceteris paribus. C) producers should only sell the items when the price is right. D) producers should only produce what they can sell.
Which of the following policies would a Keynesian expect to produce the largest increase in income?
a. a reduction in government spending of $100 billion b. an increase in transfer payments of $100 billion c. an increase in government spending of $100 billion d. a tax cut of $100 billion
Taken as a whole the balance of payments:
a. Is usually positive when a nation is healthy and negative when it is weak. b. Is usually negative when the nation is healthy and positive when it is weak. c. Must equal zero. d. Must equal GDP minus personal consumption expenditures. e. Can be positive or negative. It does not depend on the health of the country.
The three major responsibilities of the European Parliament are legislative power, control over the budget, and supervision of executive decisions
a. true b. false