A primary problem for Brazil from 1980 to 1995 was inflation
Indicate whether the statement is true or false
TRUE
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Some baseball parks have a "7th Inning Stretch" where beer, hotdogs and other food items are offered for sale at a lower price
What economic concept is being used by the baseball park to justify this practice? If it is successful at selling more food and drink with this practice why don't they lower prices at the beginning of the game?
Most employees ________ pay taxes on the value of health insurance provided by employers, and most people ________ get a tax break when buying individual health insurance policies
A) do; do B) do not; do not C) do not; do D) do; do not
A free trade agreement plus a common set of tariffs toward non-members is called
A) a common market. B) a customs union. C) a free trade area. D) an economic union. E) a partial trade agreement.
A student has a chance to see Taylor Swift in concert. The student also has a major economics exam in the morning. If the student goes to the concert: a. she may receive a lower grade on the economics exam
b. the opportunity cost of the concert includes the value of the time that would otherwise have been spent studying. c. the decision involves a tradeoff. d. all of the above are correct.