Once active discrimination ends, it:
A. is quickly forgotten, and efficiency is reached.
B. no longer affects people or markets.
C. can have long-lasting effects on people and markets.
D. None of these is true.
Answer: C
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Which of the following statements is correct?
A) The supply curve for loanable funds slopes up, whereas the supply curve for bonds slopes down. B) The demand curve for loanable funds slopes up, whereas the demand curve for bonds slopes down. C) The demand curve for loanable funds and the demand curve for bonds both slope up. D) The supply curve for bonds and the supply curve for loanable funds both slope up.
Researchers have found that countries that were settled by Europeans who planned on staying permanently were
a. more likely to protect private ownership rights and limit the power of the government. b. less likely to protect private ownership rights and limit the power of the government. c. more likely to protect private ownership, but less likely to limit the power of the government. d. less likely to protect private ownership, but more likely to limit the power of the government.
Most economists agree that eliminating unemployment insurance would increase the nation's overall level of well-being
a. True b. False Indicate whether the statement is true or false
A monopolistically competitive firm chooses
a. the quantity of output to produce, but the market determines price. b. the price, but competition in the market determines the quantity. c. price, but output is determined by a cartel production quota. d. the quantity of output to produce and the price at which it will sell its output.