The CPI measures what?
a. price changes associated with the cost of living
b. the national debt in relation to spending
c. economic growth
d. unemployment
a. price changes associated with the cost of living
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The Law of the Sea was written by the U.S. Senate in 1950
Indicate whether this statement is true or false.
Which of the following is an example of a private good?
A. national defense B. toll road C. air D. clean water
The reality that successful demonstrations require many people to expose themselves to dangers and other sanctions raised the possibility of what collective action problem?
A. free riding B. tragedy of the commons C. agency loss D. prisoner's dilemma
Which of the following is true of current welfare policy in America?
a. Many people collect welfare benefits indefinitely. b. U.S. welfare expenditures exceed those of European democracies. c. The welfare system in the United States is quite limited. d. Welfare ended when Aid to Families with Dependent Children was discontinued. e. Welfare recipients may only receive benefits for ten years or less.