Refer to the information provided in Figure 1.7 below to answer the question(s) that follow.
Figure 1.7Refer to Figure 1.7. The slope of the line between Points A and B is
A. 1.5.
B. 0.67.
C. -0.67.
D. -1.5.
Answer: B
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The Fed's tools are also known as
A) goals. B) intermediate targets. C) instruments. D) derivatives.
The optimal amount of pollution is not zero because
A) it has been found that pollution in moderate amounts actually has positive benefits. B) there are no benefits to anyone from having zero pollution. C) zero pollution would be too costly. D) we don't have the political structure that could accomplish the goal.
In a long-run equilibrium where firms have identical costs, it is possible that some firms in a competitive market are making a positive economic profit
a. True b. False Indicate whether the statement is true or false
In the basic competitive model of labor markets, it is assumed that
A. individuals are identical in training and skills but not all jobs are identical. B. not all individuals are identical in training and skills but all jobs are identical. C. individuals are not identical in training and skills and jobs are not identical. D. individuals are identical in training and skills and all jobs are identical.