Which of the following institutions has the responsibility for producing the coins that are distributed in the United States?
A) the U.S. Treasury Department B) the U.S. Mint
C) the Office of the Comptroller of the Currency D) the Federal Reserve System
A
Economics
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According to classical economists, the increase in unemployment in recessions is caused by
A) slack aggregate demand. B) the failure of wages to adjust to restore equilibrium in the labor market. C) the power of labor unions, which prevent firms from cutting wages. D) a mismatch of workers and jobs.
Economics
Social costs are
A) costs that are borne by the government. B) the full cost borne by society whenever a resource use occurs. C) borne by individuals who incur them. D) another term for external costs.
Economics