The idea of policy making taking place in response to a predetermined set of rules is referred to as
A) active policy making.
B) discretionary policy making.
C) passive policy making.
D) Keynesianism.
C. passive policy making.
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The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when zero caps are produced is $200 and workers cost $10 per hour. The marginal cost per hat of producing 30 hats per hour (instead of 25 ) is
A) $240.00 per hat. B) $250.00 per hat. C) $8.33 per hat. D) $2.00 per hat.
What is utilitarian justice?
What will be an ideal response?
Banks require collateral for loans in order to
A) ensure that borrowers have significant amounts of their own funds invested in their businesses. B) charge higher interest rates on loans. C) reduce their tax liability on the interest they collect on loans. D) reduce the total amount they are obliged to lend to any one borrower.
Improvements in human capital and education played a major role in the productivity improvements of the U.S. economy from 1995 to 2009
a. True b. False Indicate whether the statement is true or false