Due to federal funding rules, average per pupil expenditures varied across states by no more than $3,000
Indicate whether the statement is true or false
F
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The Ricardo-Barro effect of a government budget deficit refers to
A) a change in private savings supply. B) a large crowding out effect from a government budget deficit. C) a large crowding out effect from a government budget surplus. D) the international impact of government deficits.
What is one reason suppliers might offer a discount for quantity purchases?
A) reduced storage costs B) lower marginal cost C) lower marginal benefit D) price gouging
Labor productivity is commonly measured as
A) the number of workers divided by real GDP. B) the change in real GDP divided by change in number of workers. C) nominal GDP divided by number of workers. D) real GDP divided by number of workers.
In perfect competition, there are differences in the products sold by various firms.
Answer the following statement true (T) or false (F)