Which of the following countries has introduced a training or apprenticeship plan in order to reduce youth unemployment?
a. South Africa
b. Spain
c. India
d. Greece
a. South Africa
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The purchase of a new Boeing fighter jet by Israel is classified in the U.S. GDP accounts as
A) import expenditure. B) export expenditure. C) consumption expenditure. D) investment expenditure. E) government expenditure.
Your text suggests if the price of insulin were to significantly increase, more diabetics will
A) avoid refilling their prescriptions. B) turn toward substitutes such as a better diet and exercise. C) adopt holistic healthcare, organic medicines, and other perceived substitutes. D) do all of the above. E) do none of the above.
Keesha consumes only milkshakes and burgers. At her consumer equilibrium, which of the following is TRUE when Keesha can buy any portion of a unit of a milkshake or burger?
A) The marginal utility per dollar from a milkshake will exceed the marginal utility per dollar from a burger if she likes burgers more than milkshakes. B) The marginal utility per dollar from a burger will exceed the marginal utility per dollar from a milkshake if she likes burgers more than milkshakes. C) The marginal utility per dollar will be the same for each good. D) The marginal utility will be the same for each good.
When setting prices, the monopolist may choose to charge alternative customers different prices based on: a. geographical location. b. age
c. income. d. all of the above