Governments exist to
A) maintain property rights.
B) provide non-market mechanisms for allocating scarce resources.
C) implement arrangements that redistribute wealth and income.
D) all of the above.
D
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Airlines offer lower prices to vacationers than to business travelers because
A) of government regulations requiring them to do so. B) business travelers do not care at all about costs. C) business travelers are less flexible in their travel plans than vacationers are. D) airlines know that business travelers enjoy flying more than vacationers do.
Which of the following refers to human capital?
a. Money spent by business to acquire labor b. The acquired skill and productivity of workers c. The plant and equipment used with labor d. Money spent on purchasing the latest machinery e. Money that workers save
A minority candidate may not have the same chances as a white candidate for a job simply based on an employer’s misconceptions about minorities.
Answer the following statement true (T) or false (F)
The nation's largest bank has assets over
A. $2.2 trillion. B. $25 billion. C. $250 billion. D. $800 billion. E. $1.8 trillion.