The United States has ________ social insurance programs, and generally has a ________ unemployment rate, as compared to Canada and Western Europe
A) less generous; lower
B) less generous; greater
C) more generous; lower
D) more generous; greater
Answer: A
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What are some reasons that hedge funds have become controversial?
What will be an ideal response?
Sellers in a geographically centralized market have higher transaction costs compared to those in a decentralized market
Indicate whether the statement is true or false
A nondiscriminating monopolist will find that marginal revenue:
A. is less than average revenue or price. B. is identical to price. C. exceeds average revenue or price. D. is sometimes greater and sometimes less than price.
Zane's Vanes is a service that restores old weather vanes. Zane has just spent $125 purchasing a 1920s-era weather vane which he expects to restore and sell for $500 once the work is completed. After having spent $125, Zane realizes that he will need to
spend an additional $200 on materials to complete the restoration. Alternatively, he can sell the weather vane without restoring it for $200. What should he do? A) He should sell the weather vane now to make the most profit. B) It does not matter what he does; he is going to take a loss on the project. C) He should finish the restoration and then sell the weather vane. D) He should sell the weather vane back to the party he purchased it from and cut his losses.