Which statement is false?
A. Most jobs in defense plants during World War II were held by white males.
B. The federal government instituted wage and price controls during World War II.
C. Very little new housing was built during the Great Depression and World War II.
D. None of the statements are false.
A. Most jobs in defense plants during World War II were held by white males.
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Rent controls
A) create a deadweight loss. B) increase maintenance by landlords. C) benefit people who live in rent controlled apartments. D) Both answers A and C are correct. E) Both answers B and C are correct.
Explain what a black market is and how it functions. What is a black market generally a response to?
What will be an ideal response?
Which of the following is true?
A) National income = Consumption - Savings + Taxes B) National income = Consumption + Savings + Taxes C) National income = Consumption + Savings - Taxes D) National income = Consumption - Savings - Taxes
A politician says that the government should tax behavior they want less of and subsidize behavior they want more of. This is an example of
A) cynical behavior in modern democracies. B) failing to consider the alternatives available to the government. C) a concern that people are not rational when they make decisions. D) using incentives to alter behavior.