Local property taxes are used to provide
A. education.
B. fire protection.
C. libraries.
D. all of these answer options are correct.
D. all of these answer options are correct.
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The point of diminishing returns means that output will decrease at an increasing rate
Indicate whether the statement is true or false
When Bank A obtains a loan from the Fed, the
A) discount rate is probably higher than the federal funds rate. B) bank's reserves increase. C) simple deposit multiplier decreases. D) b and c E) none of the above
The term marginal utility denotes the amount by which ________ changes when consumption changes by ________ unit(s).
A. demand; 10 B. total utility; 10 C. total utility; 1 D. demand; 1
Which of the following is a normative question?
A. Should the government require cars to be fuel efficient? B. Does legalized abortion lead to lower crime rates? C. Will moving a plant overseas reduce production costs? D. Will an increase in the minimum wage reduce poverty?