After the imposition of the quota, the amount of revenue collected by the government is ________. 
A. $75,000
B. $0
C. $150,000
D. $50,000
Answer: B
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In the original Austin Powers, Dr. Evil is cryogenically frozen for thirty years (from the late 1960s to the late 1990s). Upon his return he hatches a plan to extort one million dollars from various world governments. His henchmen are unimpressed
What type(s) of inflation have made Dr. Evil's proposed blackmail amount seem too small? A) cost-push inflation B) both cost-push and demand-pull inflation C) both cost-price and price-pull inflation D) demand-pull inflation
In a three-player game, each player must have three choices
Indicate whether the statement is true or false
Cory gets 18, 23, and 25 units worth of total utility from consuming 10, 11, and 12 raw oysters, respectively, and the price per oyster is 25 cents. Thus, one can infer that Cory:
A. has consumed too many oysters. B. is not maximizing his utility. C. should not consume any more oysters. D. is experiencing diminishing marginal utility.
A change in the interest rate:
A. has a larger impact on the present value of a payment to be made far into the future than on one to be made sooner. B. has a smaller impact on the present value of a payment to be made far into the future than on one to be made sooner. C. will not make a difference in the present values of two equal payments to be made at different times. D. has a larger impact on the present value of a bigger payment to be made far into the future than on one of lesser value.