The benefits principle states that the users of a service should pay for that service.
Answer the following statement true (T) or false (F)
True
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Define the concentration ratio
What will be an ideal response?
Many economists believe that the collapse of world trade and the depression in the 1930s were linked by a decrease in real income caused by producing on the basis of comparative advantage
a. True b. False Indicate whether the statement is true or false
Only a market economy must answer the questions of what goods to produce, how to produce them, and for whom to produce them
a. True b. False Indicate whether the statement is true or false
A student who just graduated from college but has not found a job would most likely be
A) frictionally unemployed. B) structurally unemployed. C) cyclically unemployed. D) seasonally unemployed.