The federal government facilitated suburbanization by providing _______________ and ___________________.
Fill in the blank(s) with the appropriate word(s).
low-cost, easy-term mortgages; highways
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A subsidy in an industry would result in: a. an increase in consumer surplus. b. an increase in producer surplus c. both (a) and (b)
d. none of the above.
In general, as the amount of labor input increases, the amount of output
a. increases. b. decreases. c. remains constant. d. increases only if the capital stock also increases.
Each of the following except _____ takes a liberal position with respect to poverty.
A. Charles Murray B. Barbara Ehrenreich C. Lisabeth and Daniel Schorr D. Frances Fox Piven
Assume Claudia's budget constraint is demonstrated by line A in the graph shown. Which of the following would cause Claudia's budget constraint to shift to line C?
A. The prices of both goods have gone down. B. Claudia's income increased. C. Claudia's income decreased. D. Claudia's preferences for these two goods decreased.