Economics

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	Microeconomics(13 viewing)	44,772 Posts18,415 Topics	Last post by Buckait27 in Re: If the first copy co... on Jan 26, 2024
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Subject / Started by	Replies / Views	Last post
By using the ceteris paribus assumption in conjunction with a model, economists can A) suspend ... Started by bio_gurl	1 Replies 83 Views	Jun 29, 2018 by Athena23
If a price ceiling is set above the current market clearing price, then A) a surplus must ... Started by Anajune7	3 Replies 179 Views	Jun 29, 2018 by jaymee143
Suppose an industry has total sales of 25 million per year. The two largest firms have sales of 6 ... Started by Cooldude101	1 Replies 182 Views	Jun 29, 2018 by lolol
Q: How many economists does it take to screw in a light bulb? A: None. If the light bulb really ... Started by michelleunicorn	1 Replies 448 Views	Jun 29, 2018 by mmj22343
Whenever the economy is producing the maximum amount of goods given the level of technology and the ... Started by pane00	1 Replies 125 Views	Jun 29, 2018 by marict
The combination of psychology and economics to determine individual decision making is known as ... Started by berenicecastro	1 Replies 87 Views	Jun 29, 2018 by tofugiraffe
Refer to the above figure. Assume that only two goods can be produced in the economy. Which of the ... Started by asd123	1 Replies 121 Views	Jun 29, 2018 by sarah_brady415
A price floor above the market clearing price typically results in I. an excess quantity supplied ... Started by casperchen82	1 Replies 211 Views	Jun 29, 2018 by zogaridan
Which of the following would most likely be considered complements? A) butter and margarine B) ... Started by MirandaLo	1 Replies 120 Views	Jun 29, 2018 by makaylafy
If a good is a normal good, an increase in income will A) decrease the quantity demanded of the ... Started by SAVANNAHHOOPER23	3 Replies 168 Views	Jun 29, 2018 by macagnavarro
Classical economists suggest that unemployment is a short-lived phenomenon because A) wages ... Started by ericka1	1 Replies 168 Views	Jun 29, 2018 by frre432
The principal feature of private goods is that A) they cannot be rented or purchased. B) ... Started by sheilaspns	1 Replies 71 Views	Jun 29, 2018 by rnehls
Behavioral economics deals with A) the assumption that people are always selfish. B) bounded ... Started by genevieve1028	1 Replies 96 Views	Jun 29, 2018 by Kdiggy
All of the following cause a shift in the demand curve EXCEPT a change in the A) price of related ... Started by Pineappleeh	1 Replies 77 Views	Jun 29, 2018 by nhea
The imposition of a new excise tax will A) increase equilibrium price and increase equilibrium ... Started by Charlie	1 Replies 117 Views	Jun 29, 2018 by jaaaaaaa
The demand for money curve A) shows the relationship between money demanded and open market ... Started by xclash	1 Replies 98 Views	Jun 29, 2018 by adf223
Assume that the market clearing price for a shirt is 20, but that the maximum price that can be ... Started by javeds	1 Replies 120 Views	Jun 29, 2018 by okolip
One characteristic of a public good is that it A) is available for consumption by only a few ... Started by rmenurse	3 Replies 106 Views	Jun 29, 2018 by yotaSR5
U.S. government regulation of social and economic activity A) only began after World War II. B) ... Started by Jkov05	1 Replies 70 Views	Jun 29, 2018 by dreamfighter72
Which of the following describes that people cannot examine every possible choice available to them ... Started by Mr3Hunna	1 Replies 47 Views	Jun 29, 2018 by perkiness
Economic growth can be defined as A) the rate of growth in the productivity of labor. B) the ... Started by dmcintosh	1 Replies 136 Views	Jun 29, 2018 by zoeyesther
The Food and Drug Administration (FDA) is an agency that would enforce A) social regulation. B) ... Started by schs14	1 Replies 72 Views	Jun 29, 2018 by cegalasso
Political freedom seems to be ________ important to growth than economic freedom. A) less B) ... Started by ssal	1 Replies 126 Views	Jun 29, 2018 by sarah_brady415
In the classical view, flexible wage rates would assure A) low inflation. B) high rates of ... Started by evelyn o bentley	1 Replies 199 Views	Jun 29, 2018 by uniquea123
When income increases, the demand curve for an inferior good A) shifts to the right. B) shifts ... Started by chads108	1 Replies 280 Views	Jun 29, 2018 by jgranad15

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