The price controls on consumer goods during World War II led to
a. permanent surpluses.
b. stable long-term prices.
c. a burst of inflation when they were ended.
d. increased production of consumer goods to satisfy demand.
c
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A game includes
A) a strategy. B) payoffs. C) rules. D) All of the above.
Gains from trade are the:
A. increase in welfare in both countries that results from specialization and trade. B. increased skills and human capital that results from specialization and trade. C. transfer of surplus by the receiving country that results from trade. D. deadweight loss by the losing country that results from trade.
An increase in capital goods and a decrease in consumer goods will:
A) eventually lead to a shift to the right of the production possibilities curve. B) increase a nation's capacity to produce. C) lead to more rapid economic growth. D) do all of the above.
Which of the following reasons offered for why crime fell in the 1990s does the Brennan Center suggest had no impact?
A. Higher rates of incarceration B. The increase in the number of police C. The increased use of community policing D. Longer effective sentences