Establishing rules for voter registration is an example of a(n)
A. transfer payment.
B. public good.
C. economic function of government.
D. political function of government.
Answer: D
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In the figure above, if no one owns the lake, at the equilibrium quantity what is the marginal social cost of producing the pesticide?
A) $80 B) $40 C) $60 D) $30
The ________ the returns on two securities move together, the ________ benefit there is from diversification
A) less; more B) less; less C) more; more D) more; greater
The demand curve for coffee shifts
a. only when income changes. b. when a determinant of the demand for coffee other than the price of coffee changes. c. when the price of coffee changes. d. Both b and c are correct.
Generally speaking, wealth
A. starts out negative, turns positive, then approaches zero near the end of life. B. starts out zero, turns positive, then turns negative near the end of life. C. starts out negative, approaches zero, then turns negative again near the end of life. D. starts out positive, turns negative, then turns positive again near the end of life.