The figure above shows an education market in which the government is providing households with vouchers. Excluding the voucher, what do the students pay the schools?
A) $4,000
B) $8,000
C) $12,000
D) $16,000
E) $0
B
Economics
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Use the following graph for a monopolistically competitive firm to answer the next question.
Marginal revenue and marginal cost intersect at point
A. a. B. b. C. c. D. d.
Economics
All of the following are ground rules government can establish to help markets function well except
A) competition. B) honesty. C) information. D) collusion.
Economics
Which of the following would decrease aggregate demand?
a) Increased consumption b) Increasing export revenue c) Increased taxation revenue d) Increased investment
Economics
The equilibrating force in the credit market in the classical model is
A. the interest rate. B. the price level. C. fiscal policy. D. full employment.
Economics