Financial markets promote greater economic efficiency by channeling funds from ________ to ________
A) investors; savers
B) borrowers; savers
C) savers; borrowers
D) savers; lenders
C
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The government wants to increase its tax revenue and plans to implement an additional sales tax. The government will raise more tax revenue if it taxes a good with an ________ rather than a good with an ________
A) inelastic demand; elastic demand B) elastic demand; inelastic demand C) elastic supply; inelastic supply D) None of the above answers is correct.
How can increases in a country's total income improve health?
What will be an ideal response?
A person goes to college to become an engineer. This is an example of an
A) investment in physical capital. B) investment in human capital. C) increase in entrepreneurship. D) increase in labor.
Which of the following products is most likely to be sold in a monopolistically competitive market?
A) fast food B) coal C) wheat D) electricity