Market Failure and the Role of Government Order 5980213 Market Failure and the Role of Government 1. A private business will not produce a good like a public radio station, because (A) MC is greater than MB (B) there is zero profit for this good (C) the government owns a monopoly for this type of service (D) the free-rider problem (E) all of the above […]

Order Measurement of Economic Systems Order 59077328 Order Measurement of Economic Systems 1. The circular flow model illustrates (A) that workers, entrepreneurs, and owners of land and capital offer their services through product markets (B) the structures of both command and capitalist economic systems (C) that workers, entrepreneurs, and owners of land and capital offer their services through national agencies (D) how the Federal Reserve […]

Buy National Income and Price Determination Order 5893748 Buy National Income and Price Determination 1. The aggregate demand curve is downward sloping because of (A) the real-balances effect (B) the interest rate effect (C) the substitute effect (D) the crowding out effect (E) both A and B Use the following diagram to answer question 72. 2. According to the preceding diagram, the most favorable shift […]

Inflation Unemployment and Stabilization Policies Order 5878298 Inflation Unemployment and Stabilization Policies 1. Changes made to fiscal policy would involve changes in (A) interest rates (B) the reserve ratio (C) the discount rate (D) the U.S. constitution (E) taxation and government spending 2. Which of the following illustrates a contractionary fiscal policy? (A) An increase in taxation and a decrease in government spending (B) An […]

Order Economic Growth and Productivity Order 5893482 1. All of the following influence a nation’s rate of growth EXCEPT (A) capital stocks (B) skill level of the labor force (C) growth of the labor force (D) growth of technology (E) an increasing inflation rate 2. Allocative efficiency refers to (A) utilizing resources to produce goods and services that maximize a society’s benefit (B) utilizing resources […]

Order Southeastern Asia Assignment Help Order 5989384 Order Southeastern Asia Assignment Help 1. All of the following are true regarding Captain James Cook EXCEPT that he (A) searched for the Northwest Passage near the Bering Strait in Alaska (B) played a major role in overcoming the problem of scurvy (C) was the first European to land on Antarctica (D) was killed in an incident in […]

Order 19th-Century United States and Europe Order 5977684 Order 19th-Century United States and Europe 1. All of the following were stipulations of the Congress of Vienna EXCEPT (A) France lost all territory conquered by Napoleon (B) Switzerland was declared neutral (C) Russia was given Finland and the Duchy of Warsaw (Poland) (D) a large United Kingdom of the Netherlands was created for the Prince of […]

Order An Age of Revolutions Essay Order 5783598 Order An Age of Revolutions Essay 1. Which of the following remained constant in France during the ancien régime, the French Revolution, and rule by Napoleon? (A) legal privileges for the nobility (B) centralization of the state (C) universal male suffrage (D) public executions by guillotine (E) special privileges for the Catholic Church 2. All of the […]

Order Colonial North and South America Order 5980321 Order Colonial North and South America 1. From 1700 to 1709, people in Great Britain used 4 pounds of sugar per person per year. From 1800 to 1809, they were using 18 pounds of sugar per person per year. Most of this sugar was produced by (A) slave labor in Brazil (B) indentured servants in the Chesapeake […]

The Scientific Revolution and the Enlightenment Order 5894857 The Scientific Revolution and the Enlightenment 1. In 1633, the Catholic Church forced Galileo Galilei to appear before the Inquisition. This incident is probably still remembered because it (A) symbolizes the historic mistrust between science and religion (B) reminds people that the sun is actually the center of the universe (C) shows that Galileo was actually a […]