An increase in unemployment benefits is likely to:
a. reduce a person's incentive to look for work
b. reduce the opportunity cost of remaining employed.
c. provide a better safety net for employed families.
d. decrease the tax imposed on consumers.
e. increase the need to accept the first job available after becoming unemployed.
a
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Oscar and Felix room together in an apartment in New York City. Oscar is very messy and Felix is obsessed with neatness. Felix cannot stand a messy apartment and is even willing to pay Oscar $50 per week for him to clean up after himself
Oscar hates to clean up so much that he is willing to pay Felix $30 per week to maintain his messy habits. If Felix has the right to a clean apartment explain why the apartment will be clean. If Oscar has the right to remain messy explain why the apartment will still be clean.
Explain what is meant by perfect price discrimination
What will be an ideal response?
Which of these forms of financing requires the smallest minimum size of the borrower?
A) short-term commercial bank loans B) commercial paper C) mezzanine funds D) venture capital funds
A tax on sellers:
A. shifts the demand curve left by the amount of the tax. B. shifts the demand curve down by the amount of the tax. C. shifts the supply curve up by the amount of the tax. D. shifts the supply curve left by the amount of the tax.