Author Question: A transfer payment is a payment A) made by the government to its current workers. B) associated ... (Read 120 times)

olgavictoria

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A transfer payment is a payment
 
  A) made by the government to its current workers.
  B) associated with items exported to other nations.
  C) for in-kind services provided to the government.
  D) for which no services or goods are rendered.

Question 2

Which of the following is TRUE for a monopolistically competitive firm?
 
  A) MR = P
  B) MR > P
  C) MR < P
  D) MR = AFC



nhea

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Answer to Question 1

D

Answer to Question 2

C



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