Suppose a country's economy has recently suffered a contraction and a spike in unemployment. A Keynesian would recommend __________.
a. increasing the minimum wage
b. raising tariffs and lowering income taxes
c. decreasing interest rates on government loans
d. borrowing money to spend on new public works projects
Question 2
Authoritarian systems that are often in the category of failed states deliberately confuse rule of law with rule by law, which essentially means that __________.
a. authorities adhere to the rule of law with no practical exceptions whatsoever
b. authorities use the law to achieve their ends, but are themselves above the law
c. there is an absence of any legal tradition in the country's history
d. the people play the most important role in shaping laws
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Why did these young volunteers of the First Virginia Militia join the Confederate army in 1861? “It
Consider a two-period economy with no investment opportunities: first and second period output ...
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ...
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...