Economics

To be counted in the labor force A) a person has to be working at least 40 hours per week. B) a ...

Started by Capo

Refer to the above figure. For a normal good, the rightward shift of the curve could have been ...

Started by geodog55

Static tax analysis assumes that A) an increase in a tax rate may lead to a decrease in the tax ...

Started by erika

An economic activity in which benefits or costs affect third parties is called A) a public good. ...

Started by LaDunn

Which of the following would cause an economy to produce at a point inside its production ...

Started by urbanoutfitters

All other factors being constant, a reduction in price tends to cause which of the following? A) ...

Started by jazziefee

One way of addressing the associated market failure that generates both private costs and external ...

Started by Mollykgkg

Dynamic tax analysis assumes that A) an increase in a tax rate may lead to a decrease in the tax ...

Started by CharlieWard

External costs can be defined as A) the cost associated with private production, but partially ...

Started by lbcchick

Graphically, economic growth is represented as A) a movement along the production possibilities ...

Started by 123654777

Other things being equal, what is the effect of deficit spending on interest rates? A) Interest ...

Started by tichca

When the rate of interest in the economy falls, there will be A) an increase in the market price ...

Started by KWilfred

A person who is currently not working and has stopped looking for a job because he or she is ...

Started by ericka1

When prices are used as a rationing device, goods that are relatively more scarce than they used to ...

Started by mwit1967

When government intervenes in the production process because external benefits exist, it typically ...

Started by savannahhooper

In the classical model A) a decrease in aggregate demand will lead to a decrease in the price ...

Started by burton19126

One of the problems with the definition of economic growth is that A) it overstates economic ...

Started by schs14

In the above figure, points u, v, y, and z show A) an inefficient allocation of society's scarce ...

Started by penguins

Since 1950, the labor force participation rate in the United States A) of men and women both ...

Started by asan beg

The demand for money curve is drawn with A) the interest rate on the vertical axis and the curve ...

Started by justinmsk

Whether an externality is positive or negative, it is always A) evaluated by the Supreme Court of ...

Started by neverstopbelieb

Economic growth is A) an increase in the per person real production in a nation. B) an increase ...

Started by bobbysung

Prices ration goods to A) the people who most deserve it. B) the people with the lowest ...

Started by pragya sharda

An increase in demand occurs when A) we measure price in money price rather than real price. B) ...

Started by cherise1989

An effluent fee is an example of A) a government policy to correct for an external benefit. B) a ...

Started by misspop