How does the textbook distinguish between coercion and persuasion? Coercion induces cooperation by
A) making only a majority better off, persuasion by making everyone better off.
B) making nearly everyone better off, persuasion by making only a few people better off.
C) threatening to reduce people's options, persuasion by promising to increase their options.
D) using force, persuasion by using rational argument.
C
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The Index of Economic Freedom measures the market concentration in an economy
a. True b. False Indicate whether the statement is true or false
Which of the following is not correct?
a. Toys for Tots, a program that collects new toys to distribute to poor children at Christmas, is an example of an in-kind transfer. b. Supporters advocate the use of in-kind transfers because they restrict the ability of recipients to purchase alcohol and drugs. c. Critics argue that in-kind transfers are inefficient and disrespectful. d. For a program to qualify as an in-kind transfer, it must have government approval.
The major trade group in South America involving Brazil, Paraguay, Uruguay, and Argentina is ________.
A) Mercosur B) UNASUR C) APEC D) CAN
Talented people who are best at everything have a comparative advantage in the production of everything.
Answer the following statement true (T) or false (F)