Total spending by all levels of government in the United States in 2012 amounted to roughly ________ per person
A) $20,000
B) $2,000
C) $200,000
D) $200
A
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As the number of days without rain increases, the amount of wheat per acre grown declines. A graph showing this relationship would have a curve
A) that is a horizontal line. B) that is a vertical line. C) showing a positive relationshi
The crux of the problem of pollution is
A) a poorly run Environmental Protection Agency. B) greed on the part of consumers. C) greed on the part of producers. D) poorly defined property rights are expensive to enforce.
The balancing of marginal costs and marginal benefits to obtain an efficient outcome is known as the equimarginal principle.
a. true b. false
The decision about the forms in which to hold one's wealth is called the ________ decision.
A. Taylor B. Fisher effect C. life-cycle D. portfolio allocation