Which of the following is an example of differentiated goods?
A) Books and cosmetics
B) Fuel and water
C) Potatoes grown by different farmers
D) Tea and energy drinks
D
Economics
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Which of the following is the best example of a pair of complements?
a. ?Milk and coffee b. ?Coffee and tea c. ?CDs and DVDs d. ?Hiking boots and athletic shoes e. ?Paperback books and hard cover books
Economics
In a monopoly labor market, the optimal union wage can be read off the marginal revenue product curve.
Answer the following statement true (T) or false (F)
Economics
The longest expansion of the United States economy since 1925 began in:
A. 1991. B. 1961. C. 1945. D. 1982.
Economics
Approximately what percentage of the World Bank's loans go to developing nations in the the entire African continent?
A. 100% B. 34% C. 5% D. 70%
Economics