Which of the following would not be a government transfer expenditure?
A. contribution of employers to support the Social Security program
B. social security payments to the aged
C. unemployment compensation benefits
D. payments to the widows of war veterans
A. contribution of employers to support the Social Security program
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Game theory is a tool for studying competitive behavior between firms in monopolistic competition because of the mutual interdependence among the firms
Indicate whether the statement is true or false
Which of the following is income, as defined in economics?
(a) Salaries received by members of the Judiciary; (b) Scholarships awarded to high performance Leaving Certificate students; (c) Unemployment benefits paid to long term unemployed persons; (d) Both (a) and (b).
If the productivity of labor falls, its MPP will _____ and its MRP will _____.
A. rise; rise B. fall; fall C. rise; fall D. fall; rise
Which of the following statements is true of an appropriate data set?
A. An appropriate data set should be collected from government registered websites. B. An appropriate data set should have enough controls to do a reasonable ceteris paribus analysis. C. An appropriate data set should not have time series units. D. An appropriate data set should not be based on surveys.