A government decision to privatize a sector of the economy formerly operated by the government is an example of ________ policy.
A. aggregation
B. monetary
C. structural
D. fiscal
Answer: C
You might also like to view...
The net worth of a bank is defined as the difference between
a. income and expenses. b. assets and liabilities. c. loans and deposits. d. loans and reserves.
Which of the following is a possible rationing device?
A) dollar price B) first-come-first-served C) brute force D) a and b E) a, b, and c
Answer the following statement(s) true (T) or false (F)
1. An individual supply curve is a graphical representation of the quantity of goods and services that all the individual producers are willing and able to supply at various prices. 2. A shift in the entire supply curve is called a change in quantity supplied. 3. The supply of a good increases if the price of one of its substitutes in production falls. 4. If producers expect a higher price in the future, they will supply less now than they otherwise would have.
Refer to the table shown. If the output of bicycles is 4 per week, the marginal cost of producing another bicycle per week is:Output(bicycles per week)Total cost (dollars)110022003310444055806730790081,200
A. $130. B. $140. C. $120. D. $110.