A government subsidy paid to a firm i. increases the demand for the good. ii. has no effect on the supply of the good. iii. leads to an increase in the equilibrium quantity.
A) i only
B) i and ii
C) ii only
D) iii only
E) i and iii
Question 2
Positive and normative statements differ in that
A) positive statements can be tested, whereas normative statements cannot.
B) normative statements can be tested, whereas positive statements cannot.
C) normative statements depict what is and positive statements depict what ought to be.
D) normative statements never use the word should.
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Thorndike’s Puzzle Box and the Law of Effect (1 of 2)
Effect of stimulus strength on size of graded potential.
The effect of neuron death and synapse rearrangement on the selectivity of synaptic transmission. ...
Classic Supply - Demand Curve
Government in America: People, Politics, and Policy, AP