Which is a behavioral economics justification for limiting advertising directed towards children?
A) Children have no money.
B) Children pester their parents too much.
C) Children have no memory.
D) Children do not always have transitive preferences.
D
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Which of the following explains why banks try to keep their holdings of excess reserves low?
A. To escape Fed penalties. B. To please bank examiners. C. To keep the money multiplier low. D. To maximize profits.
Refer to the graph shown. Initially, the market is in equilibrium with price equal to $3 and quantity equal to 100. Government imposes a tax on suppliers of $1 per unit. The effect of the tax is to:
A. lower the price sellers keep after paying the tax. B. raise the price consumers pay from $3 to $4. C. raise the price sellers keep after paying the tax. D. lower the price consumers pay from $3 to $2.
In the United States, the federal income tax is an example of a
A) progressive tax. B) regressive tax. C) flat tax. D) proportional tax.
Getting the work done by some other firm at lower costs, when the firm is situated in some other country, is called outsourcing
a. True b. False Indicate whether the statement is true or false