Economics

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Subject / Started by	Replies / Views	Last post
Economists assume people behave rationally, which means that people A) never make a mistake. B) ... Started by RRMR	1 Replies 116 Views	Jun 29, 2018 by kescobar@64
An increase in quantity demanded is caused by A) an increase in income. B) a decrease in the ... Started by karateprodigy	1 Replies 101 Views	Jun 29, 2018 by milbourne11
The price of a good always changes when A) either a shortage or a surplus occurs. B) quantity ... Started by Medesa	1 Replies 84 Views	Jun 29, 2018 by missalyssa26
In a proportional income tax system A) marginal tax rates are the same regardless of the level of ... Started by fasfsadfdsfa	1 Replies 83 Views	Jun 29, 2018 by Ashley I
A schedule of how much of a good people will purchase for a range of possible prices during a ... Started by jasdeep_brar	1 Replies 38 Views	Jun 29, 2018 by akudia
A flat tax on personal income, in which the same tax rate is applied to every dollar of income ... Started by mia	3 Replies 57 Views	Jun 29, 2018 by gcook
Refer to the above table. Suppose there are technological advances in the production of smartphones. ... Started by Engineer	1 Replies 262 Views	Jun 29, 2018 by sierrahalpin
Do economists analyze people's thought processes or do they look at what people actually do? A) ... Started by V@ndy87	1 Replies 88 Views	Jun 29, 2018 by Anna
When an external cost exists in the production of a good, firms tend to A) under-produce the good ... Started by Melani1276	1 Replies 124 Views	Jun 29, 2018 by peter
When people donate money to a charity, they behave A) rationally if the act gives them ... Started by sam.t96	1 Replies 112 Views	Jun 29, 2018 by sarahccccc
The marginal tax rate can be calculated by which of the following formulas? A) the change in ... Started by asmith134	1 Replies 74 Views	Jun 29, 2018 by atrochim
The potential rewards that are available to an individual if a particular activity is undertaken are ... Started by vinney12	1 Replies 83 Views	Jun 29, 2018 by SVictor
If production of an item results in negative external costs, then A) the market price is below ... Started by krzymel	1 Replies 58 Views	Jun 29, 2018 by katieost
Which of the following will LEAST likely generate positive external effects to society? A) ... Started by BrownTown3	3 Replies 62 Views	Jun 29, 2018 by ryansturges
Bill Bonecrusher graduates from college with a choice of playing professional football at 2 million ... Started by cookcarl	1 Replies 69 Views	Jun 29, 2018 by Leostella20
Father says, Earn a B-average on your next report card and I'll help you buy a car. An economist ... Started by bio_gurl	1 Replies 122 Views	Jun 29, 2018 by bubulittle310@msn.cn
Which of the following is TRUE of unemployment? A) It is defined as the number of people actively ... Started by Awilson837	1 Replies 71 Views	Jun 29, 2018 by Sarahjh
Whom among the following was a classical economist? A) Adam Smith B) A. C. Pigou C) David ... Started by ENagel	1 Replies 100 Views	Jun 29, 2018 by Jmfn03
Some pet owners are using an invisible fence to keep their animals from straying. Every time the ... Started by cabate	1 Replies 773 Views	Jun 29, 2018 by Jevvish
Which of the following is TRUE about the labor force? A) It includes those over 16 ages old and ... Started by Mr.Thesaxman	1 Replies 76 Views	Jun 29, 2018 by lou
All of the following were classical economists EXCEPT A) Adam Smith B) A. C. Pigou C) David ... Started by BRWH	1 Replies 88 Views	Jun 29, 2018 by janeli1
Which of the following is TRUE of incentives? A) Different people are motivated by different ... Started by oliviahorn72	3 Replies 105 Views	Jun 29, 2018 by katara
The market clearing price of corn has just increased. Which of the following could have caused this ... Started by jjjetplane	1 Replies 53 Views	Jun 29, 2018 by TheDev123
Society is likely to over-allocate resources to produce goods that A) are public goods. B) are ... Started by ARLKQ	1 Replies 131 Views	Jun 29, 2018 by connor417
Four points on a demand schedule are given: 12, 2 units; 10, 1 unit; 15, 1.5 units; and 2, 4 units. ... Started by sdfghj	1 Replies 328 Views	Jun 29, 2018 by missalyssa26

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