The principle of Economic Darwinism implies that:
A. publicly traded corporations have evolved unsuccessfully through the competitive process but will be here to stay and flourish.
B. publicly traded corporations have evolved unsuccessfully through the competitive process and are not here to stay and flourish.
C. publicly traded corporations have evolved successfully through the competitive process but they are not here to stay and flourish.
D. publicly traded corporations have evolved successfully through the competitive process and are here to stay and flourish.
Answer: D
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The belief that the government can do absolutely nothing in either the short run or the long run to reduce the unemployment rate, because people will anticipate the government's actions, is held by the:
a. rational expectations school. b. neo-Keynesian school. c. classical school. d. supply-side school. e. Keynesian school.
The prototype of suburban tract development was in
A. San Luis Obispo, California. B. Camden, New Jersey. C. Butte, Montana. D. Levittown, New York.