It is perfectly legitimate for the United States to pass laws requiring that all food products or cars sold in the United States meet certain safety standards approved by the United States government as long as they have some ___________ basis.
a. environmental
b. scientific
c. political
d. subjective
b. scientific
It is perfectly legitimate for the United States to pass laws requiring that all food products or cars sold in the United States meet certain safety standards approved by the United States government as long as they have some scientific basis.
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An asset is said to be riskless if:
A) it can be easily converted into cash. B) its value does not change from day to day. C) its value is more likely to fall in future. D) it offers a positive rate of interest.
________ may cause a shift of the long-run aggregate supply curve
A) A major earthquake B) A change in expected inflation C) A price shock D) all of the above E) none of the above
A global network that provides knowledge and resources to developing countries is called the:
A. World Bank. B. International Resource Fund. C. United Nations Development Program. D. World Trade Organization.
The money creation formula is oversimplified because it assumes that
a. every recipient of a bank loan will redeposit the proceeds in another bank. b. loan recipients will not take any of the proceeds in cash. c. every bank lends out all excess reserves. d. All of the above are correct.