Private schools are able to exclude students from attending classes they offer unless students have been accepted and paid tuition and fees. This suggests that education is
A) subject to the principle of rival consumption.
B) subject to the free-rider problem.
C) not subject to the exclusion principle.
D) a public good.
A
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The president from which Federal Reserve Bank always has a vote in the Federal Open Market Committee?
A) Philadelphia B) Boston C) San Francisco D) New York
Fiscal policy that the government actively chooses to adopt is called:
A. automatic stabilizing policy. B. discretionary fiscal policy. C. monetary policy. D. contractionary policy.
The basic difference between macroeconomics and microeconomics is:
A. microeconomics concentrates on individual markets while macroeconomics focuses primarily on international trade. B. microeconomics concentrates on the behaviour of individual consumers while macroeconomics focuses on the behaviour of firms. C. microeconomics concentrates on the behaviour of individual consumers and firms while macroeconomics focuses on the performance of the entire economy. D. microeconomics explores the causes of inflation while macroeconomics focuses on the causes of unemployment.
Refer to the graph shown. 
The top 20 percent of the families earn:
A. 67.4 percent of the income. B. 54.7 percent of the income. C. 32.6 percent of the income. D. 45.3 percent of the income.