The more diversification savers have the:
A. more willing they are to save money, and the more economic growth can occur.
B. less willing they are to save money, and the more economic growth can occur.
C. more willing they are to save money, and the less economic growth can occur.
D. less willing they are to save money, and the less economic growth can occur.
A. more willing they are to save money, and the more economic growth can occur.
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Consumers are often bewildered by the different array of choices, plans and prices that are offered by cell phone service companies
Explain in terms of consumer surplus why this makes sense from both the company's perspective and that of the consumer.
Each identical consumer has the following demand for golf, q = 100 - p, where q is the number of rounds of golf played per year and p is the price per round. The only golf course in an isolated town incurs a marginal cost of $10 per round of golf
It wishes to charge a membership fee and a fee per round of golf. What price will it set for each fee?
A major U.S. motive for negotiating a free-trade agreement with Mexico was
a. to gain increased access to Mexico's huge oil reserves b. to achieve ultimately political union with Mexico c. as a stepping-stone to the formation of a free-trade bloc in the whole Western Hemisphere d. to appease Canada e. to appease GATT
Lower inflation rates are usually correlated with lower unemployment rates
a. True b. False Indicate whether the statement is true or false