Which is an example of the government command approach?

A. Fast-food franchise growth
B. Public schools
C. Private college education
D. The growth of community banks

Answer: B

Economics

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In the figure above, the quantity of low-skilled labor employed is

A) 2,000 hours per day. B) 4,000 hours per day. C) 5,000 hours per day. D) 7,000 hours per day.

Economics

In Figure 4-6 above, with IS0 shifting to IS1 against the upward-sloping LM curve, crowding-out is the result that

A) income stays at YO3. B) income rises to Y1 instead of to Y2. C) income rises to Y1 instead of staying at YO3. D) income rises to Y2 instead of to Y1.

Economics