If the government began providing free textbooks to college students who would otherwise have bought their books from the private sector, the government's action would result in
A) a Ricardian dilemma.
B) a direct expenditure offset.
C) an increase in real Gross Domestic Product (GDP).
D) a reduction of the government deficit.
B
Economics
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Which organization possesses a generally conceded and exclusive right to coerce adults?
A) The capitalist enterprise B) The modern church C) The government D) The family
Economics
The actual real wage is lower than the expected real wage if
A) actual unemployment is less than actual inflation. B) expected inflation is less than actual inflation. C) actual inflation is less than expected inflation. D) actual unemployment is less than expected unemployment.
Economics