Government spending on transfer payment programs such as public assistance and agriculture are governed by the principles of
a. efficiency and accountability
b. nonexclusivity and nonrivalry
c. private and social
d. equity and stability
e. taxation and subsidies
D
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Paulette owns a pizza parlor. Her total cost schedule is in the above table. Her marginal cost of producing the fifth pizza is
A) $8. B) between $8.01 and $10.00. C) between $10.01 and $14.00. D) between $14.01 and $78.00. E) more than $78.01.
Why does a firm in perfect competition produce the quantity at which marginal cost equals price?
What will be an ideal response?
If net exports are negative, then aggregate demand will be less than the sum of consumption, investment, and government purchases
a. True b. False Indicate whether the statement is true or false
An increase in unemployment insurance benefits will:
A. increase the demand for labor. B. decrease job search efforts of unemployed workers. C. increase job search efforts of unemployed workers. D. decrease the demand for labor.