A doubling of the current minimum legal wage is likely to confer the most benefit and impose the least harm on members of which group listed below?
A) Employers who own small businesses
B) Highly skilled workers
C) Shareholders of large corporations
D) Teenagers
E) Unskilled workers
B
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Suppose that a new drug has been approved to treat a life-threatening disease. The demand for that drug is shown on the graph below. Prior to approval of this drug, the only treatment for this condition was any one of several non-prescription, or over-the-counter, pain relievers. The demand for one brand of the several non-prescription pain relievers is also shown on the graph. 
At a price of $15 (the price at which the two demand curves intersect), the price elasticity of demand for the new drug is ________ the price elasticity of demand for the over-the-counter pain reliever.
A. less than B. the same as C. greater than D. the reciprocal of
The above table gives data for a hypothetical nation. Gross domestic product is
A) $4,049 billion. B) $4,079 billion. C) $4,054 billion. D) $4,339 billion.
Empirical evidence seems to suggest that in industrialized economies, government ownership has:
a. grown more rapidly than the economy has risen over time. b. has disappeared in favor of state capitalism c. has either stayed the same or fallen. d. we cannot answer because we cannot measure it e. all of the above
With respect to the corporate taxation of a monopolist, the capital owners bear most of the burden of the tax.
Answer the following statement true (T) or false (F)