Plato and Aristotle both believed that an uneven distribution of income

a. is desirable since it encourages people to work
b. creates natural class distinctions
c. results in higher rates of economic growth
d. leads to political discontent
e. is acceptable as long as no one ends up in poverty

D

Economics

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For many years the United States was able to retain a system for drafting young men into the armed forces because

A) the public feared the menace of Communism. B) patriotism had declined and so volunteers were not available. C) young men were not willing to risk their lives. D) many people adversely affected found it more to their advantage to use some personal escape route than to attack the system directly.

Economics

If the firms in an industry could take advantage of a reduced wage, how would one best describe the firms' demand for labor? The MRPL

A) schedule would remain unchanged, and the firms would hire more labor at the lower wage. B) schedule would shift to the left and the firms would move down the new schedule. C) schedule would shift to the right and the firms would move down the new schedule. D) none of the above

Economics