Buying assets like stocks and bonds is a way to:
A. save.
B. be a market maker.
C. spend.
D. invest.
Answer: A
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What percentage of American families pay more payroll tax than they pay in income tax?
A. 40. B. 60. C. 75. D. 80.
You are staying in London over the summer and you have a number of dollars with you. If the dollar appreciates relative to the British pound, then other things the same,
a. the dollar would buy more pounds. The appreciation would discourage you from buying as many British goods and services. b. the dollar would buy more pounds. The appreciation would encourage you to buy more British goods and services. c. the dollar would buy fewer pounds. The appreciation would discourage you from buying as many British goods and services. d. the dollar would buy fewer pounds. The appreciation would encourage you to buy more British goods and services.
The Clear Plastic Company's plant discharges large quantities of toxic chemicals into some groundwater sources. Residents in the surrounding area have higher medical bills because of Clear Plastic's pollution. These additional medical costs represent
A. the company's private costs. B. the neighboring families' external costs. C. a positive externality. D. a negative externality.
A pizza business has the cost structure described below. The firm's fixed costs are $20 per day. What are the firm's marginal costs at an output of 35 pizzas?
a. $0.57 b. $4.00 c. $9.20 d. $230.00