Author Question: If a customer had to pay a 5 entry charge to get into a roller coaster theme park, and then pay 2 ... (Read 64 times)

jc611 · **on:** Jun 30, 2018

If a customer had to pay a 5 entry charge to get into a roller coaster theme park, and then pay 2 per ride, she would get less consumer surplus than if she was able to pay 2 per ride with no entry charge.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The implementation lag is _____ for fiscal than for monetary policy; the lag before the effects of monetary policy on real output and unemployment is ____ than for its effects on real output and unemployment:
a. Longer, long and variable
b. Longer; relatively short and predictable
c. Shorter; long and variable.
d. Shorter; relatively short and predictable