Aggregate supply grows over time because of growing consumer and government spending

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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The European Union membership criteria includes all of the following EXCEPT

A) the country must participate in free trade with all of its goods and services. B) the country must follow market-based economics. C) the country must formally adopt the EU-wide rules such as technical standards, environmental inspections, banking supervision, etc. D) the country must be a stable functioning democracy. E) None of the above.

Economics

Which of the following would be a laissez-faire approach for the government to follow?

a. take control of the nation's airline system b. regulate the allowable emissions of pollutants from electric plants c. remove all regulations on the channels a cable television system must carry d. become more stringent in the type of mergers that receive government approval e. protect dairy-farm owners with a guaranteed minimum price for milk

Economics