Which of the following flows from the government to the households?
a. Goods and services
b. Resources of production
c. Taxes
d. Government services
e. Loans
Question 2
Which of the following is likely to shift the production possibilities curve outward?
a. A change in preferences away from one of the goods and toward the other.
b. An invention that reduces the amount of natural resources necessary for producing a good.
c. The discovery of new natural resources.
d. Both b. and c. are likely to shift the production possibilities curve outward.
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
Ecosystem goods and services and monetary values
American Government: Roots and Reform, 2009 Edition
American Government: Roots and Reform, AP* Edition, 12th Edition