In the middle of a severe recession, Congress passes an increase in the level of unemployment benefits. This would be considered by economists as a
a. positive tax.
b. negative tax.
c. form of government purchases.
d. variable tax.
b
Economics
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Refer to Figure 9.3. If the government establishes a price ceiling of $1.00, how many pounds of berries will be sold?
A) 200 B) 300 C) 400 D) 600 E) 800
Economics
Refer to the above table. What does the marginal physical product equal when the amount of labor goes from 12 to 13 units?
A) 58.5 B) 70 C) 690 D) 760
Economics