On a graph for the Gini Coefficient, perfect inequality would be represented by the equation ______.
a. G = -1
b. G = 0
c. G = 1
d. G = 100
c. G = 1
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"Information Problematic" borrowers are generally
A) municipal governments. B) small businesses and individuals. C) large businesses. D) federal government.
What determines the proportion of a unit excise tax that will be passed on to consumers in the form of higher prices?
A) the nature of the projects funded by the tax B) the number of additional taxes that consumers have to pay C) the popularity of the tax D) the degree to which quantity demanded and supplied of the good respond to price changes
If slope = 2 for a line on a graph with x on the horizontal axis and y on the vertical axis, then if
a. x decreases by 4, y decreases by 8 b. x = -4, then y = -2 c. y decreases by 4, x decreases by 8 d. x = -4, y = -8 e. x increases by 4, y decreases by 8
What is a positive effect of advertising?
A. It can reduce long-run average total cost by promoting economies of scale. B. It promotes brand loyalty and economic concentration in industry. C. It is designed to persuade rather than inform consumers. D. It reduces economic efficiency in the economy.