The United States is the only country to face increasing inequality in their income distribution in the last several decades.
Answer the following statement true (T) or false (F)
False
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The biggest flaw in the logic of the labor argument is the failure to consider
A) the needs of developing countries. B) the impact of tariffs on inflation. C) the differences in national productivity levels. D) the strategy of multinational businesses. E) the impact on employment levels.
The set of items that serve as media of exchange clearly includes
a. demand deposits. b. short-term bonds. c. credit cards. d. All of the above are correct.
A monopsonist is
a. a buyer who faces an upward-sloping supply curve. b. a buyer who faces a downward-sloping supply curve. c. a seller who faces an upward-sloping demand curve. d. a seller who faces a downward-sloping demand curve.
Based on the figure below. Starting from long-run equilibrium at point C, an increase in government spending that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ creating _____gap. 
A. D; an expansionary B. B; no output C. B; expansionary D. A; a recessionary