The American Recovery and Reinvestment Act of 2009 ________
A) was a result of the Obama administration adopting an activist approach to policymaking
B) is still being debated after the fact in terms of its effectiveness
C) was supported by some economists, and opposed by as many economists
D) all of the above
E) none of the above
D
Economics
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If the money wage rate increases, the short-run aggregate supply curve shifts rightward
Indicate whether the statement is true or false
Economics
When productive activities are organized according to the principle of the division of labor
A) scarcity is eliminated. B) we do not devote enough resources for capital investment. C) total output increases due to the advantages of specialization. D) an inefficient outcome results.
Economics