Conditional cash transfer programs are programs in which:
A. financial support is given only to people who engage in certain actions.
B. financial support is given only to people who have paid into the program for a minimum amount of time.
C. financial support is given only to people who agree to pay it back at reduced interest to the government in the future.
D. None of these is true.
A. financial support is given only to people who engage in certain actions.
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Which of the following questions have a macroeconomic focus?
A) How does a consumer choose which goods to consume given his/her income? B) How does demand for a good change when there is an increase in a consumer's income? C) How does a monopolist decide how much to produce? D) What is the unemployment rate in your country?
An unregulated natural monopolist would produce to the point at which
A) P = AC. B) MR = AC. C) MR = MC. D) P = MR.
A kinked demand curve is based on the actions of an oligopolist to follow a price increase but not a price reduction
a. True b. False Indicate whether the statement is true or false
Serena Williams should probably not mow her own lawn because
a. her opportunity cost of mowing her lawn is higher than the cost of paying someone to mow it for her. b. she has a comparative advantage in mowing her lawn relative to a landscaping service. c. she has an absolute advantage in mowing her lawn relative to a landscaping service. d. she might sprain her ankle.