Which of the following statements about "inside information" is FALSE?
A) It is information that is not available to the general public.
B) It is illegal to knowingly use inside information when trading stocks.
C) Profits can be made using inside information.
D) The government never imposes fines or other penalties for abuse of inside information.
D
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Transfer payments are income that is
a. earned but not received. b. received but not spent. c. spent but not earned. d. received but not earned.
Which of the following is not a way for the government to solve the problem of excessive use of common resources?
a. regulation b. taxes c. turning the common resource into a public good d. turning the common resource into a private good
What are the three noteworthy labor market trends that Americans have experienced for about two decades?
What will be an ideal response?
A pollution tax:
A. decreases the price of the good taxed. B. increases the price of the good taxed. C. does not affect the quantity demanded of the good taxed. D. does not affect the price of the good taxed.