Who benefits from imports?
A) domestic consumers
B) domestic producers
C) foreign consumers
D) Both answers A and B are correct.
A
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As disposable income ________, planned consumption expenditure ________ by a ________ amount
A) decreases; increases; larger B) increases; decreases; smaller C) increases; increases; larger D) increases; increases; smaller E) decreases; increases; smaller
A table that shows the possible payoffs each firm earns from every combination of strategies by all firms is called
A) a payoff table. B) an earnings table. C) a strategic matrix. D) a payoff matrix.
In the market for labor, the monopsonist is the sole:
A. seller and can push wages down, below the competitive wage. B. buyer and can keep wages up, above the competitive wage. C. buyer and can push wages down, below the competitive wage. D. seller and can keep wages up, above the competitive wage.
By using mail-in ballots, voter participation may fall. This can be explained as the decreased:
A. benefits of being seen voting are smaller than the decreased costs of voting. B. costs of voting are outweighed by the decreased benefits of being seen voting. C. costs of voting are larger than the decreased benefits of being seen voting. D. benefits of being seen voting are smaller than the increased costs of voting.