Goods like Wi-Fi networks that are nonrival but excludable are known as:
A. collective goods.
B. private goods.
C. commons goods.
D. pure public goods.
Answer: A
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Empirical evidence suggests that there are economics of __________ in banking for all bank sizes
A) scale and scope B) scale but not scope C) scope but not scale D) neither scale nor scope
Which of the following is true? a. The tax multiplier is smaller than the government spending multiplier
b. The government cannot stimulate consumer spending through tax cuts. c. The government spending multiplier is smaller than the tax multiplier. d. The government can stimulate consumer spending through decreases in transfer payments.
In American politics, we often observe that during a campaign, the Democratic and Republican positions on many issues are similar, which illustrates
a. Arrow's impossibility theorem. b. the Condorcet paradox. c. a Borda count. d. the median voter theorem.
Political freedoms is one of the measures used by the Human Development Index (HDI) to measure the quality of human life in different nations.
a. true b. false