In Plessy v. Ferguson, the Supreme Court condoned separate but equal education
Indicate whether the statement is true or false
T
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Diana tutors Tiago for two hours before his economics final exam. Tiago pays Diana through a direct transfer from his bank on a payment app. Diana then uses her debit card to buy pizza for dinner from the local pizza parlor. This is an example of
a. the exchange of money facilitating production and trade b. trade between two people who each have a good or service that the other wants. c. an inefficient allocation of scarce resources. d. the creation of money through monetary policy.
Refer to the graph shown.
The 25 percent of the families with the highest income earn:
A. 64 percent of the income. B. 36 percent of the income. C. 6 percent of the income. D. 19 percent of the income.
When the domestic price level increases, exports decrease and imports increase. Other things the same, this change is illustrated by a
A) movement upward along the aggregate demand curve. B) movement downward along the aggregate demand curve. C) rightward shift of the aggregate demand curve. D) leftward shift of the aggregate demand curve. E) rightward shift of the aggregate supply curve.
A pooling equilibrium in insurance markets is inefficient because everyone buys too little insurance (relative to the efficient amount).
Answer the following statement true (T) or false (F)