Significant economic growth did not begin in the world until
A) 1000 A.D. B) 1750 A.D.
C) 1820 A.D. D) the 20th century A.D.
B
Economics
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Financing government expenditure through deficits rather than through taxes will lead to higher spending if
A) it results in crowding in. B) it results in crowding out. C) people are more aware of taxes than they are of deficits. D) people are more aware of deficits than they are of taxes.
Economics
Four roommates have moved into an apartment. However, none of them cleans the apartment thinking that the others will do it. This is an example of ________
A) the free-rider problem B) the paradox of thrift C) the paradox of plenty D) the tragedy of commons
Economics