Rationality implies that in order to get what they want, people will spend the most time and effort
a. making private market decisions
b. getting politically involved
c. investigating political candidates' platforms
d. debating social issues
e. writing to Congress
A
Economics
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If a nation's currency depreciates, this will tend to
a. shift a nation's balance of trade toward a deficit. b. cause a deficit in the government's budget (expenditures - revenues). c. make foreign goods more expensive for the nation's citizens. d. make foreign goods cheaper for the nation's citizens.
Economics
Which of the following expenditures would increase the investment component of U.S. GDP?
A. You purchase a new car. B. You purchase 1,000 shares of stock. C. You pay a commission to your stock broker for selling some stocks that you owned. D. You purchase a new house.
Economics