The change in net benefits that arises from a one-unit change in quantity is the:
A. present value benefits.
B. marginal net benefits.
C. total net benefits.
D. variable benefits.
Answer: B
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If there is an excess supply of Tunisian dinars at a given exchange rate, what will lead the market into an equilibrium?
a. Finding themselves unable to buy all the dinars they want to buy, buyers will accept a lower price. b. Finding themselves unable to buy all the dinars they want to buy, sellers will offer a lower price. c. Finding themselves unable to sell all the dinars they want to sell, sellers accept a higher price. d. Finding themselves unable to buy all the dinars they want to buy, buyers offer a higher price. e. Finding themselves unable to sell all the dinars they want to sell, sellers accept a lower price.
Borrowing is like:
A. buying the right to use your money for a time. B. buying the right to use someone else's money. C. selling the right to use your money for a time. D. selling the right to use someone else's money.
Which of the following is used to measure market structure and performance?
A. Dansby-Willig Performance index B. Four-firm concentration ratio C. HHI (Herfindahl-Hirschman index) D. All of the answers are correct.
To what extent are homemaking and child-rearing accounted for in the government's GDP accounts?
A) Not at all B) Only to the extent that they are provided for pay C) Only to the extent that taxes are paid on them D) All homemaking and child-rearing are accounted for