In cost-benefit analysis, intangibles include such factors as:
a. quality of life considerations
b. changes in land values resulting from a project
c. aesthetic contributions
d. a and b only
e. a and c only
e
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You are just about to finish college and are about to start a high paying job. Because of this new job, what is the most likely outcome in the market for cars?
A) Your demand for cars will increase. B) The market supply of cars will decrease. C) The demand and the supply for cars will decrease. D) Your demand for cars will decrease. E) The market supply of cars will increase.
The largest trading of foreign exchange occurs in
A) New York. B) London. C) Tokyo. D) Frankfurt. E) Singapore.
Some economists have argued that unemployment insurance improves the ability of the economy to match each worker with the most appropriate job
a. True b. False Indicate whether the statement is true or false
Marginal revenue is
A. change in total revenue/output. B. total revenue/output. C. change in total revenue/change in output. D. total revenue/change in output.