If Daniel has budget constraint C in the graph shown, what would cause it to shift to budget constraint B?
This graph shows three different budget constraints: A, B, and C.
A. An increase in the price of milk
B. A decrease in the price of soda
C. An increase in the price of soda
D. None of these changes alone could cause a shift from C to B.
D. None of these changes alone could cause a shift from C to B.
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The ways to address agency costs include all EXCEPT
a. running background checks on prospective employees b. requiring employees to punch time clocks c. instituting longer work days d. replacing closed offices with cubical office spaces
In which of these years was the U.S. poverty rate the highest?
A. 1960 B. 1970 C. 1980 D. 1990
The reason that people may not want to hold money is
A. the precautionary demand for money and the risk of being robbed. B. the transactions demand makes it unnecessary. C. the opportunity cost. D. due to the direct relationship between money demand and the interest rate.
In any case where there is a positive externality, forming a government agency to solve the problem rarely results in an efficient outcome.
Answer the following statement true (T) or false (F)