All economists agree that to justify that market failure has occurred, it is sufficient to have the market choose an inferior product over a superior product.
Answer the following statement true (T) or false (F)
False
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Use the graph below to answer the next question.
Other things equal, an increase the wages of nurses in the United States would:
A. move from b to a on D1. B. move from a to b on D1. C. shift from D2 to D3. D. shift from D3 to D2.
Which economic organization would have the BIGGEST role in this part of the world?
a) opec b) nafta c) asean d) united nations
Which statement is true?
A. Most blacks live in poor neighborhoods. B. Young black women are confronting a shrinking pool of "marriageable" (that is economically stable) men. C. It is clear that the basic cause of poverty in this country is public assistance. D. The United States has the smallest proportion of people living in poverty in the world.
The level of aggregate expenditures in a mixed open economy is comprised of:
A. C a + I g + X n B. C a + I g + G + T + X n . C. C a + I g + X n + G. D. C a + G.