Economics

Labor productivity can best be calculated as A) real Gross Domestic Product (GDP) / Gross ...

Started by bclement10

Why do economists test their hypotheses? A) to see whether people are motivated by self-interest ...

Started by WhattoUnderstand

Which one of the following would cause a rightward shift in the demand curve of digital cameras? ...

Started by theo

The government imposes a unit excise tax on bubble gum. What happens as a result? A) The ...

Started by Jipu 123

According to Say's law A) supply creates its own demand. B) demand creates supply. C) changes ...

Started by c0205847

Economic freedom is A) the right to vote in an election for a political leader. B) the right to ...

Started by cagreen833

Borrowing to finance the increases in government expenditures A) reduces current private ...

Started by nmorano1

The Chunnel auto tunnel allows motorists to travel between England and France. As an alternative, ...

Started by Deast7027

U.S. antitrust laws view monopolies as undesirable because A) monopolies restrain trade and ...

Started by joesmith1212

If the United States' largest bakery buys an agricultural firm that specializes in growing wheat, we ...

Started by lbcchick

Which of the expressions below best describes the aim of economic theory? A) to predict how ...

Started by hbsimmons88

The purpose of antitrust legislation is A) to reduce unemployment. B) to reduce the power of ...

Started by codyclark

A horizontal merger involves A) the joining of two firms at different stages of the production ...

Started by jerry coleman

Based on your understanding of your roommate's preferences, you predict that he will select the ...

Started by LCritchfi

What would happen in the market for prescription drugs if people begin to view over-the-counter ...

Started by james9437

Price controls may be thought of as A) a restraint on the rationing function of prices. B) ...

Started by tiara099

Imposing a unit excise tax on the final sale of a good or service can be displayed graphically as ...

Started by mia

The most competitive industry of those presented in the above table is likely to be industry A) ...

Started by chandani

Excess quantity demanded may result from A) a government-imposed minimum price above market ...

Started by Caiter2013

A tax levied on purchases of a particular good or service A) is illegal because it is ...

Started by tiffannnnyyyyyy

Which of the following is a non-price determinant of demand? A) income B) tastes and preferences ...

Started by strangeaffliction

What is unemployment and what is the unemployment rate? What are the costs of unemployment? What ...

Started by dmcintosh

Suppose a family is holding 1000 in its checking account for normal transactions, 500 in cash for ...

Started by B

Production is efficient when A) it generates a point beyond the production possibility curve. B) ...

Started by Pea0909berry

Which of the following is NOT a non-price determinant of demand? A) the price of the good or ...

Started by TFauchery