People cannot be excluded from using a common resource.

Answer the following statement true (T) or false (F)


True

Economics

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Tax evasion is more likely to occur when people feel that their tax dollars are not being used properly.

A. True B. False C. Uncertain

Economics

If Mary invests $500 and receives yearly interest of $40, the rate of interest she is earning on her $500 must be

a. 18 percent b. 12.5 percent c. 10 percent d. 15 percent e. 8 percent

Economics

Unlike firms in perfect competition, monopolists have control over

a. the costs of production b. what technology to use c. what price to charge d. how much to produce e. the choice of plant size

Economics

A one-dollar tax reduction has the same effect as a one-dollar increase in government purchases

a. True b. False Indicate whether the statement is true or false

Economics