If an athlete were to pick the sport where being the best at a position would easily allow you to move to a city destined to win a championship, it would be
A. European soccer.
B. NBA basketball.
C. NFL football.
D. Major League Baseball.
Answer: A
You might also like to view...
Suppose farmers in a given market can either grow soy beans or corn on their land. In addition, suppose an increase in the demand for corn causes the price of corn to increase. All else equal, an increase in the price of corn creates an incentive for farmers to:
A. switch away from growing soy beans and into growing corn. B. switch away from growing corn and into growing soy beans. C. grow less corn, but not change their production of soy beans. D. grow more corn, but not change their production of soy beans.
A common example of indexing in the United States is: a. annual bonuses to workers
b. wage increases with seniority. c. 30-year fixed-rate mortgage loans. d. escalator clauses tied to the CPI in wage agreements.
The economic theory supporting policies of income redistribution is based on the idea that income increases have ______.
a. equal utility at all incomes b. no utility above the poverty line c. less utility at higher incomes d. less utility at lower incomes
Comparative advantage is always a(n)concept.
A) absolute B) efficiency C) relative D) monetary