The private information revealed during screening typically refers to information:
A. that is personal.
B. that is embarrassing.
C. that is not public.
D. that individuals generally do not want anyone to find out.
C. that is not public.
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Questions that address what did, will or would actually happen are called ________ questions.
A. normative B. positive C. efficiency D. equity
Scientific investigations that have no immediately obvious commercial applications are called
A. nonessential research. B. basic research. C. applied research. D. diffused research.
Economics, generally speaking, is primarily concerned with:
A) the operation of the bond and stock markets. B) the issues of income inequality or income equality. C) how people choose among the alternatives available to them. D) ceteris paribus, the scientific method, and the margin.
Adverse weather conditions in Florida and other citrus-producing regions destroy a substantial portion of this year's crop of oranges. Other things being equal, the resulting decrease in supply is likely to
a. increase the price of oranges and decrease the quantity demanded. b. increase the price of oranges, but have no effect on the quantity demanded. c. decrease the price of oranges and increase the quantity demanded. d. decrease the price of oranges, but have no effect on the quantity demanded.