GPDI is ________ volatile than total consumption spending
A) much more
B) slightly more
C) slightly less
D) much less
A
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A voucher is
A) the production of a good by some public institution. B) a payment that government makes to private producers. C) a token that government provides to households to use in purchasing a specific good. D) a permit to pollute. E) a tax that is imposed on consumers rather than producers.
From the late 1970s to the late 1980s, Hall (1994) finds that leverage buyouts most commonly take place among firms
(a) in the volatile tech industry. (b) facing steep global competition. (c) that are unstable. (d) like those mentioned in all of the above.
Under perfect price discrimination, consumer surplus
A) is less than zero. B) is greater than zero. C) equals zero. D) is maximized.
For which pairs of goods is the cross-price elasticity most likely to be positive?
a. canoes and kayaks b. pizza and college textbooks c. Halloween candy and rain coats d. cats and cat food