Collusion is a situation where businesses:
A. agree to cooperate, and the U.S. government works hard to encourage this behavior.
B. have noncooperative outcomes, because they compete outside the public eye.
C. agree to cooperate, and their behavior does not serve the public interest.
D. act in their own self-interest and ignore what the other businesses are doing.
C. agree to cooperate, and their behavior does not serve the public interest.
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Refer to Figure 11.5. An increase in exports is best illustrated by diagram
A) A. B) B. C) C. D) D.
Which of the following is an objective of government taxation?
A) Reducing the demand for money in the economy B) Increasing the supply of money in the economy C) Redistribution of funds D) Reducing the growth rate of the economy
Which of the following is not an example of a factor of production?
a. labor b. interest c. land d. capital
In 2008, about ____% of all American children under 6 in a family headed by a female lived in poverty.
A. 25 B. 32 C. 44 D. 53