Individuals conscripted into military service _____
a. are forced to work for less than the market wage
b. bear a heavy tax burden
c. are not necessarily those with a comparative advantage in being a soldier
d. all of the above
d
Economics
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When a government imposes a tariff on imported beer, cooperative surplus ________ and society gets ________
A) increases; richer B) increases; poorer C) decreases; richer D) decreases; poorer
Economics
Under the monetary growth rule proposed by the monetarists, the money supply would grow each year at a constant rate equal to the long-run rate of growth of
A) employment. B) inflation. C) interest rates. D) real GDP.
Economics