Legalization of marijuana is likely to
Ans: Increase quantity of marijuana
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Between 1960 and 2012, the proportion of workers belonging to a union
a. decreased substantially in the private sector. b. was approximately constant in the private sector. c. decreased substantially in the government sector. d. was approximately constant in the government sector.
When countries have severe balance of payments difficulties caused by unsustainable current account deficits, they can approach the International Monetary Fund (IMF) for assistance. In providing financial assistance, the IMF generally insists that the country implement a series of policy changes designed to reduce the deficit. These programs are controversial as they tend to focus on demand reduction. Explain why demand reduction would solve a current account deficit problem. Would a program designed to increase the nation's gross domestic product (GDP) growth rate be a method of reducing a current account deficit? Why or why not?
What will be an ideal response?
The diamond-water paradox illustrates the idea that ________ determines what consumers are willing to pay for a particular good
A) total utility B) the real-income effect C) marginal utility D) the substitution effect
For you to be considered not in the labor force, you can be
A. a full-time volunteer. B. a full-time retiree. C. a full-time student. D. any of the above.