Economics

When a person throws a cigarette out of a car window and starts a brush fire, this is A) an ...

Started by HudsonKB16

Refer to the above figure. If the farmer is growing 8,000 bushels of beans and 8,000 bushels of ...

Started by formula1

An example of a cost of economic growth is A) longer life spans. B) political instability. C) ...

Started by mynx

The government corrects for externalities in all of the following ways EXCEPT A) taxes. B) ...

Started by bclement10

Behavioral economics is an approach to the study of consumer behavior A) that emphasizes ...

Started by DyllonKazuo

The measurement of economic growth cannot take into account A) the service sector of an economy. ...

Started by Chloeellawright

When income falls A) the demand for a normal goods rises. B) the demand for an inferior goods ...

Started by 809779

Sales taxes are A) assessed on the prices paid on a large set of goods and services. B) levied ...

Started by kshipps

When income rises A) demand for a normal good rises. B) demand for a normal good falls. C) ...

Started by SO00

How does an economy represented by a straight-line production possibilities curve differ from one ...

Started by fahad

When a business produces a product that creates external costs A) the company produces a level of ...

Started by karlynnae

Regarding unemployment, the classical model implies that A) unemployment always exists. B) ...

Started by tsand2

The transactions demand for money will increase when A) the rate of interest increases. B) the ...

Started by jwb375

In a market, the rationing function of prices results in A) long queues or waiting lines. B) a ...

Started by Beheh

If external benefits are taken into account in the market A) the demand curve would shift to the ...

Started by joe

Governments have to rely on taxes for financing because A) they cannot borrow unlimited amounts. ...

Started by sjones

Queuing is a way to ration goods A) on a first-come, first-serve basis. B) through prices. C) ...

Started by james0929

The relationship between a change in the price of a complementary good and demand for another ...

Started by luminitza

Second-hand smoke, an often cited disadvantage of allowing smoking in restaurants, is referred to in ...

Started by bclement10

The transactions demand for money A) varies directly with nominal Gross Domestic Product (GDP). ...

Started by magmichele12

An economic theory is also known as an economic A) model. B) prediction. C) conclusion. D) ...

Started by c0205847

A production point that lies outside the Production Possibilities Curve (PPC) A) denotes ...

Started by ETearle

Which of the following statements is TRUE of static tax analysis? A) A government receives lower ...

Started by Kikoku

Economic models are A) always based on laboratory methods similar to natural sciences. B) a ...

Started by elizabeth18

Assuming coffee and cola are substitutes, if the price of coffee rises A) there is a movement ...

Started by SGallaher96