Which of the following is an example of Maslow's first level of needs?
a. food
b. car
c. school
d. church
Ans: a. food
You might also like to view...
If a meat packing plant has 30 employees and each employee has a 1 in 90 chance of getting injured on the job, then on average, one employee will get injured on the job every
A) 120 days. B) 1 year. C) 3 years. D) 9 years.
The two measures of the degree of competitiveness (or of oligopoly) are called (1) _________________ and (2) _________________.
Fill in the blank(s) with the appropriate word(s).
A well-tested economic theory is often called:
A. a hypothesis. B. a prototype. C. a principle. D. an anomaly.
A government is currently operating with an annual budget deficit of? $40 billion. The government has determined that every ?$10 billion reduction in the amount of bonds it issues each year would reduce the market interest rate by 0.10 percentage point.? Furthermore, it has determined that every 0.10 ?(?one-tenth?) percentage point change in the market interest rate generates a change in planned investment expenditures in the opposite direction equal to ?$5 billion. The marginal propensity to consume is 0.80. ?Finally, the government knows that to eliminate an inflationary gap and take into account the resulting change in the price? level, it must generate a net leftward shift in the aggregate demand curve equal to ?$60 billion.
Assuming that there are no direct expenditure offsets to fiscal? policy, how much should the government increase? taxes? ?$40.00 billion.?(Enter your response rounded to two decimal? places.)