Because air cargo as an industry involves the generation of pollutants in engine exhaust, the equilibrium price of air cargo services
A) is above the optimal level, and quantity is below the optimal level.
B) is below the optimal level, and quantity is above the optimal level.
C) and quantity of trucking services are both above the optimal level.
D) and quantity of trucking services are both below the optimal level.
E) must fall in order for the market to reach equilibrium.
B
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Which of the following provisions of the Affordable Care Act will work to keep high-risk and low-risk people in the same health insurance pool?
A) the employer mandate provision B) the individual mandate provision C) the stipulation that people with preexisting conditions cannot be denied health insurance D) all of the above
The money multiplier works best if all transactions in the economy are made through the banking system
a. True b. False Indicate whether the statement is true or false
Which of the following is a TRUE statement about stock markets?
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When the marginal product curve is above the average product curve, ________ as output increases
A) average product must decrease B) average product must increase C) marginal product must decrease D) marginal product must increase