Government institutions that protect the rights of individuals are ______
a. the executive, legislative, and judicial branches of government
b. federal, state, and local governments
c. federal agencies such as OSHA, FEC, and the FCC
d. police, military branches, and the court system
d
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In 1975, Congress passed a tax rebate to spur consumer spending. Consumers
A. spent the entire amount of the tax savings, boosting the economy, as planned. B. did not spend any of the amount of the tax savings. C. saved a substantial share of the tax savings and spent the rest. D. saved a small portion of the tax savings, and spent the rest.
The production possibilities curve shows:
A. the minimum amount of one good that can be produced for every possible production level of the other good. B. the maximum amount of one good that can be produced for every possible production level of the other good. C. how increasing the resources used to produce one good increases the production of the other good. D. how increasing the production of one good allows production of the other good to also rise.