Which of the following is considered a microeconomic issue?
A. The local university decides to raise tuition for online course offerings.
B. The country of Zimbabwe has experienced a decline in inflation.
C. The economic growth rate was reported at 2.4 percent in the first quarter of 2013 for the United States.
D. The unemployment rate in Greece is 22.8 percent.
A. The local university decides to raise tuition for online course offerings.
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The agency problem can be avoided if
A) the firm is not subject to regulation by a government agency. B) the manager and owner can manipulate reported profit. C) the firm has positive profits. D) the goals of the owner and manager are aligned.
National health insurance programs:
A. can increase use of health clinics versus traditional village doctors, who often have no training. B. are starting to be implemented in poorer areas like Ghana to increase access to health care. C. still face challenges in some areas to provide good, high quality care. D. All of these statements are true.
Which of the following mathematical statements is correct
a. Total Output=Productivity x Average Hours x the employment-population ratio x Population b. Total Output=Productivity / Average Hours x the employment-population ratio / Population c. Total Output=Productivity + Average Hours + the employment-population ratio + Population d. Total Output=(Productivity x Average Hours) / (the employment-population ratio x Population) e. Total Output=Productivity x Average Hours x the employment-population ratio
A tax whose burden, expressed as a percentage of income, increases as income increases is
A. a progressive tax. B. an ability-to-pay tax. C. a regressive tax. D. a proportional tax.