The profit-maximizing firm's output will be about
A. 450.
B. 500.
C. 550.
D. 625.
A. 450.
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In the United States in 2014, about ________ of uninsured people live in families in which at least one member has a job
A) 12%. B) 38%. C) 70%. D) 98%.
What determines the proportion of a unit excise tax that will be passed on to consumers in the form of higher prices?
A. the degree to which quantity demanded and supplied of the good respond to price changes B. the nature of the projects funded by the tax C. the popularity of the tax D. the number of additional taxes that consumers have to pay
Which of the following measures net exports for the year, including transactions involving services, investment income, and transfers?
A. Balance of trade B. Balance on the current account C. Budget balance D. Balance of payments
In the late 1970s, ________ of all firms were less than a year old. In recent years, ________ were
A) about 40 percent; about 20 percent B) almost half; less than one-quarter C) less than 5 percent; more than 40 percent D) more than 15 percent; only about 8 percent