Economics

An effluent fee is a A) subsidy given to the producer of a positive externality. B) charge to a ...

Started by DelorasTo

We observe that people buy less steak and more potatoes when the price of steak relative to potatoes ...

Started by hubes95

A simplified representation of the real world that is used to explain economic phenomena is a(n) ...

Started by RODY.ELKHALIL

When the purchase price of an asset is less than its sale price, then there is a A) budget ...

Started by s.tung

One major reason that economists are concerned about unemployment is that A) unemployment always ...

Started by erika

Other things being equal, during a period when the federal government issues more Treasury ...

Started by DelorasTo

Economic growth may understate changes in standards of living if A) the growth is accompanied by ...

Started by Starlight

Suppose a concert by Lady Gaga and a basketball game played by the L.A. Lakers are substitutes, then ...

Started by xroflmao

We cannot predict the effect on the equilibrium quantity, but know that the market clearing price ...

Started by mcmcdaniel

Both the social sciences and the natural sciences employ ________ to help them understand the world ...

Started by asan beg

Eight years ago you purchased an asset for 100,000 that has yielded a nominal capital gain of ...

Started by theo

There are a number of benefits that usually accompany economic growth. The following are such ...

Started by naturalchemist

If supply decreases and demand increases A) the market clearing price definitely rises, and the ...

Started by nenivikky

Which is NOT true about the use of economic models? A) Economic models are simplified ...

Started by Capo

Of the following, which is the least likely to be an example of substitute goods? A) beer and ...

Started by sam.t96

The above figure is referred to as a(n) A) trade-off curve. B) opportunity curve. C) production ...

Started by captainjonesify

Refer to above figures. Prior to the shift of the curves, which panel and which curve involve the ...

Started by crobinson2013

Refer to the above figure. If the farmer has 50 acres of land, the farmer is producing at point a, ...

Started by mikaylakyoung

The reason a corporation has retained earnings is to A) pay unemployment taxes. B) make ...

Started by kwoodring

According to the classical theory, an inward shift in aggregate demand would reduce A) real Gross ...

Started by mrsjacobs44

Suppose we observe that the demand for eggs increases when people buy more potatoes. We can conclude ...

Started by abern

The production possibilities curve demonstrate which of the following concepts? A) scarcity B) ...

Started by mynx

A government budget deficit is A) an excess of government spending over government revenues ...

Started by TVarnum

According to classical theory, a shift in aggregate demand will affect A) the price level only. ...

Started by Shelles

If the government spends more than it receives in taxes during a given interval, then the result is ...

Started by evelyn o bentley