An increase in the price level causes government spending to:

A. increase.
B. decrease.
C. remain unaffected.
D. increase in social welfare spending only.

C. remain unaffected.

Economics

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Discuss the concept in econometrics that states, "garbage in . . . garbage out."

What will be an ideal response?

Economics

Economists Fryer and Loury argued that affirmative action

A. can increase minorities' prospective return on any investment in their own education. B. necessarily undermines minorities' incentive to invest in their own education. C. is the reason so many white males are passed over for promotion in favor of minorities. D. "color-blind" proxies for race easily achieve diversity without reference to race itself.

Economics