Of the following high-income countries, which has the highest obesity rate?
A) Canada B) Japan
C) the United Kingdom D) the United States
D
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The ceteris paribus assumption is a behavioral assumption.
a. True b. False
A perfectly competitive firm decides to shut down if:
a. the price falls below the average-total-cost. b. average revenue falls below the average-variable-cost. c. the price falls below the marginal cost. d. the average revenue curve lies below the marginal cost curve. e. the total revenue is less than total cost.
A person's average tax rate equals her
a. tax obligation divided by her marginal tax rate. b. increase in taxes if her income were to rise by $1. c. tax obligation divided by her income. d. increase in taxes if her marginal tax rate were to rise 1percent.
In 2017, approximately what percent of Americans were below the poverty line?
A. 2 percent. B. 8 percent. C. 36 percent. D. 12 percent.