Which of the following is most likely to be used as a measure of the velocity of money in the country of Versovia?
a. Citizens earning about $100,000 per annum
b. The average cost of a vacation in the country being $1,000
c. Citizens saving more than 10 percent of their annual income
d. Citizens spending about $10,000 annually on an average on vacations
d
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Refer to the scenario above. The housekeeper behaves in this particular way due to the ________
A) existence of asymmetric information B) presence of a positive externality C) presence of a free-rider problem D) existence of high incentive to work
Why is it misleading to argue that emissions permits are a “license to pollute”?
What will be an ideal response?
If government policy encouraged households to save more at each interest rate, then
a. the real exchange rate and net exports would rise. b. the real exchange rate and net exports would fall. c. the real exchange rate would rise and net exports would fall. d. the real exchange rate would fall and net exports would rise.
School Board Voters' Ordered PreferencesDavidErnieFionaNew gymNew libraryNew computer labNew libraryNew computer labNew gymNew computer labNew gymNew libraryIf a pair-wise majority vote was held to determine which school project gets funded and the voters' preferences are shown in the table, in order for the library to win overall, which items must be voted on first?
A. Library and computer lab B. Gym and library C. Computer lab and gym D. The order will not affect the outcome of the vote.