A price floor is considered
A) "fair" based only on the fair results view.
B) "fair" based only on the fair rules view.
C) "unfair" based on both the fair results and fair rules views.
D) "unfair" based only on the fair results view.
E) "fair" based on the fair results view and on the fair rules view.
C
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One typical cause of poverty is a lack of
a. money b. faith in the market system c. human capital d. desire to work e. all of the above
Gross national product (GNP) of the United States is the value of all final goods and services
A) produced anywhere in the world by residents of the United States. B) produced in the United States by residents of any nation. C) produced and consumed within the United States. D) produced anywhere in the world, but consumed by residents of the United States.