A commodity is ____ if it is used up when someone consumes it

a. marginal
b. scalable
c. depletable
d. replaceable


c

Economics

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When decisions are made by majority rule, the individual consumption-payment link is broken

a. True b. False Indicate whether the statement is true or false

Economics

Public education in the United States is

A) subsidized mainly by state and local governments. B) funded by the federal government only. C) paid for mostly by the parents of students. D) paid for through the Social Security program.

Economics

A unique feature of oligopoly markets is

a. market power b. mutual interdependence c. barriers to entry d. product heterogeneity e. pricing power

Economics

According to real business cycle theorists, changes in Real GDP are the result of initial changes in

A) aggregate demand. B) the money supply. C) the expected inflation rate. D) prices. E) none of the above

Economics