Refer to the above figure. At a price of four cents, the quantity of bubble gum supplied will be
A. 2.
B. 3.
C. 4.
D. 5.
Answer: C
Economics
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Refer to the information above. What is the level of consumption when the level of income equals 2000?
A) 600 B) 1000 C) 1600 D) 2000
Economics
The Sherman Act
A) prohibited banks from crossing states lines. B) prohibited railroads from transporting explosives. C) provided for the regulation of natural monopolies. D) declared that monopolization and restraint of trade were illegal.
Economics
If a given production combination is known to be attainable, then it:
A. could be either an inefficient or efficient point. B. must be an inefficient point. C. must be an efficient point. D. must be on the production possibilities curve.
Economics
Deficit spending boosts aggregate demand.
Answer the following statement true (T) or false (F)
Economics