Some economists believe that the financial sector does not channel all saving back into the spending stream. Which of the following financial assets, when held by individuals, does not reenter the spending stream?
A. Loans
B. Money
C. Bonds
D. Stocks
Answer: B
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A movie monopolist sells to students and adults. The demand function for students is QdS = 600 - 100P and the demand function for adults is QdA = 1,200 - 100P. The marginal cost is $2 per ticket. Suppose the movie theater cannot price discriminate. What is the monopolist's profit from both students and adults?
A. $2,500 B. $4,950 D. $50
The balanced budget multiplier
a. increases as MPC increases b. increases as MPC decreases c. depends on the absolute level of government spending d. is always greater than the income multiplier e. is always equal to 1
The poverty rate in the United States is lowest for whites.
Answer the following statement true (T) or false (F)
Fill in the blank: When a chooser asks herself "Is it worth it?," she is trying to evaluate the ________ of a particular project or plan of action
A) technical efficiency B) objective efficiency C) economic efficiency D) engineering efficiency