The benefits of social regulation are
A) easy to measure by the marginal value method.
B) often difficult to measure.
C) obvious to almost everyone, but the costs are usually hidden.
D) greater than the costs of social regulation in every example in the country today.
B
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The interest rate effect on aggregate demand indicates that a(n):
A. Decrease in the price level will increase the demand for money, increase interest rates, and decrease consumption and investment spending B. Decrease in the price level will decrease the demand for money, decrease interest rates, and increase consumption and investment spending C. Increase in the price level will increase the demand for money, reduce interest rates, and decrease consumption and investment spending D. Increase in the supply of money will increase interest rates and decrease interest-sensitive consumption and investment spending
Which of the following is not important for the development of human capital?
A. Immunizations and basic health care. B. High levels of military spending. C. Educational opportunities. D. Access to water and sanitation.