A monopoly creates no deadweight when it maximizes its profit
Indicate whether the statement is true or false
FALSE
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Spending VCU4 on real-world goods and services causes the nation's:
a. Monetary base to remain the same. b. M2 money supply to fall. c. M2 money multiplierto fall. d. M2 money supply to rise.
Based on the graphs showing price discrimination in movie ticket prices, if the theatre charges $11 per ticket at the matinee, it will ______.
a. maximize profits
b. sell too many tickets
c. sell too few tickets
d. sell no tickets
Regarding sexual harassment which of the following is NOT true
a. offenders can be same or opposite sex b. victims do not have to be harassed personally but affected through environment c. harasser must be superior employee d. harassment may occur without economic injury
The unreported or illegal production of goods and services in the economy that is not counted in GDP is termed:
A. money laundering. B. the underground economy. C. disposable personal income. D. indirect national income.