The intersection of the x axis and the y axis is called the
A. "zero" point.
B. "meeting point."
C. origin.
D. corresponding point.
Answer: C
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International equilibrium occurs if the quantity of imports demanded by one country is equal to the quantity of exports supplied by the other country
a. True b. False Indicate whether the statement is true or false
If Farmer Sam MacDonald can produce 200 pounds of cabbages and 0 pounds of potatoes or 0 pounds of cabbages and 100 pounds of potatoes and faces a linear production possibilities curve for his farm, the opportunity cost of producing an additional pound of potatoes is _____ _ pound(s) of cabbage.
A) 1/2 B) 2 C) 100 D) 200
State income tax revenues are much less than sales tax revenues.
Answer the following statement true (T) or false (F)
Public choice theory emphasizes the role of self-interest in public decision-making.
Answer the following statement true (T) or false (F)