Government policies that improve equality usually increase efficiency at the same time
a. True
b. False
Indicate whether the statement is true or false
False
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A price increase will always increase a firm’s revenue.
Answer the following statement true (T) or false (F)
Each of the following would decrease the supply of U.S. dollars, shifting the supply curve for dollars to the left, EXCEPT:
A. a decreased preference for foreign-made goods. B. a decrease in the real interest rate on foreign assets. C. a depreciation of the U.S. dollar relative to other currencies. D. a decrease in U.S. real GDP.
For this question, assume that there is perfect arbitrage in the stock market. Given this assumption, economists believe that
A) movements in stock prices can be easily predicted. B) movements in stock prices are largely unpredictable. C) most stocks will diverge from their fundamental value. D) stocks will generally earn a lower rate of return than bonds. E) the rate of return on stocks will be equal to the rate of return on bonds.
The range in which there is diminishing marginal productivity starts at the point where: a. marginal product reaches its maximum
b. average product reaches its maximum. c. total product reaches its maximum. d. marginal product begins to decrease at an increasing rate.