Research indicates that providing welfare to a family will cause their children to remain on welfare
Indicate whether the statement is true or false
false
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Crops that are grown primarily to sell, rather than to consume, are referred to as
a. staples b. subsistence crops c. cash crops d. market crops e. none of the above
After people buy insurance, they are more likely to build a beach house out of wood framing rather than concrete block. This is an example of
A) risk aversion. B) moral hazard. C) risk neutrality. D) free riding in teams.
Net exports is a positive number when:
A. A nation;s exports of goods and services are increasing B. A nation exports goods and services to other nations C. A nation;s exports of goods and services exceed its imports D. A nation;s exports of goods and services fall short of its imports
A decrease in quantity demanded because of an increase in price is represented by a
A) rightward shift of the demand curve. B) leftward shift of the demand curve. C) movement up and to the left along the demand curve. D) movement down and to the right along the demand curve.