A review of the performance of the economy during the Bush administration is the concern of:
a. macroeconomics.
b. microeconomics.
c. both macroeconomics and microeconomics.
d. neither macroeconomics nor microeconomics.
a
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Which is the largest cash transfer program for the poor?
A. TANF B. Medicare C. SSI D. Medicaid
The optimal level of air quality
a. is 100 percent, which creates a pollution-free environment b. is smaller the lower the marginal social cost of air quality c. is greater the lower the marginal social benefit of air quality d. is greater the lower the marginal social cost of air quality e. is smaller the greater the marginal social benefit of air quality
The quantity supplied of a good for the market day increases with increases in price
Indicate whether the statement is true or false
If a business makes the determination that an investment makes sense at the current interest rate, but before they can act, the interest rates rises,
A. it will cause them to not make the investment regardless of the increase. B. they will have to recalculate whether it still makes sense. C. it will only make the situation better, so they will clearly make the investment. D. they will go ahead with the investment because interest rates have nothing to do with whether an investment makes sense.