According to your text, one reason for flat or falling achievement scores even in the face of substantially higher education subsidies may be that
A. students are so unmotivated that no amount of spending will ever improve scores.
B. most parents do not support the schools or their children's educational activities.
C. the additional funds are being siphoned off by dishonest school board members.
D. some of the funds are going to social services rather than to enhance learning activities.
Answer: D
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In 2013, the reference base period for the CPI for the nation of Wobet, a typical consumer spent $30 on potatoes and $150 on steak. Which of the following is true?
A) The quantity of steak in the basket is larger than the quantity of potatoes. B) The quantity of potatoes in the basket is larger than the quantity of steak. C) The quantity of the two goods in the basket is the same. D) We cannot say exactly how many of each good are in the basket. E) None of the above answers is correct.
If the Ford Motor Company decides to use more robots in its manufacturing plants, the company is addressing the question of
a. which goods and services should be produced with society's scarce resources b. what production methods should be used to produce goods and services c. how will output be allocated among the individuals in the society d. what prices will be charged for goods and services e. the optimal degree of central planning