Which is not a factor of production?
a. Capital
b. Money
c. Land
d. Labor
Answer: b. Money
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Pizza joints often offer substantially lower prices for pizza picked up at the shop compared to delivered pizza prices. This may be an attempt at
A) perfect price discrimination. B) group price discrimination. C) quantity discrimination. D) second-degree price discrimination.
Between 1968 and 2008 the poorest 60% of the population experienced a _______ in its percentage share of the nation's wealth.
A. substantial decrease B. small decrease C. small increase D. substantial increase
In which period was most of the change in U.S. net capital outflow due to an increase in investment in the U.S.?
a. 1980-1987 b. 1991-2000 c. 2000-2012 d. None of the above are correct.
Macroeconomics is the study of economics from the standpoint of:
A. a typical firm. B. individual economic units. C. a typical household. D. the overall economy.