Exam 16: Applying the Basics: Special Topics in Economics

Besides the scientific uncertainties, which of the following has kept most economists from recommending strong regulations to reduce emissions of carbon dioxide?

Which of the following is true?

As unemployment rose during 1930 through 1932 and the economy plunged into the Great Depression, policy makers

Which of the following is true?

Beginning in 2002, Federal Reserve policy

Increasing competition between schools will tend to

Competition between public and private schools is ____ at the college level than at the elementary and secondary level.

Higher levels of carbon dioxide may be leading to a

The current Social Security System surplus of revenues relative to expenditures is used to purchase

The rapid growth in stock prices during the 1920s was due in large part to

When a union successfully raises the wages of its members, it will also

"If it were not for employment discrimination against women, the average earnings of men and women would be equal." Is this statement true or false?

When expansionary monetary policy pushes interest rates to artificially low levels,

The payments made to the beneficiaries of the Social Security program are financed by

A strike, or the threat of one, is most likely to be effective when

Are new regulations likely to prevent a future financial crisis?

Besides the scientific uncertainties, which of the following has kept most economists from recommending strong regulations to reduce emissions of carbon dioxide?

Predictions of severe shortages due to impending natural resource depletion

The Social Security system is currently generating tax revenues that exceed the benefits paid to recipients. This surplus is

Which of the following resulted from the Smoot-Hawley trade bill of 1930?