Who tends to benefit from the sugar price supports?
a. users of sugar in other products
b. individual users of sugar
c. producers of other agricultural products
d. producers of sugar
e. All of the above are correct.
d
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If a large hardware chain offers a ten percent discount to those currently serving in the military and veterans, this is an example of ________ and is ________.
A) price discrimination; only illegal if the practice substantially lessens competition or tends to create a monopoly B) conditional sales; always illegal per se C) price discrimination; always illegal per se D) conditional sales; only illegal if the practice substantially lessens competition or tends to create a monopoly
Purchasing power parity holds when the exchange rate is equal to the product of the foreign price level and the domestic price level
a. True b. False Indicate whether the statement is true or false
The lion's share of government spending on education in 2007 was done by
a. the private sector b. state and federal governments c. local and state governments d. the federal government e. the state governments
Under the rational criminal model, a decrease in the punishment associated with getting convicted will
A. increase crime. B. have no effect on crime. C. increase the caseload in the appellate court system. D. decrease crime.