The nonprofit or not-for-profit sector consists of organizations that
A) intend to earn a profit.
B) are always inefficient.
C) are primarily concerned with the welfare of their own employees.
D) typically pursue social or public interest objectives.
D
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Homer, Bart, and Lisa are the only consumers in the market. Using the information in the above table, what is the market demand for chocolate chip cookies at $4.00 per pound?
A) 21 pounds B) 17 pounds C) 11 pounds D) 4 pounds
The United States issues a $10,000 debt forgiveness to Argentina. How is this accounted for in the balance of payments?
A) financial account, U.S. asset import B) current account, Argentina transfer payment C) current account, U.S. service export D) financial account, U.S. asset export E) current account, Argentina good import
Assume that the economy is presently in equilibrium. A decline in the interest rate
a. increases planned investment, aggregate demand, and equilibrium income. b. increases unplanned investment, reducing aggregate demand and equilibrium income. c. increases unplanned investment, increasing aggregate demand and equilibrium income. d. increases money demand, the money supply, aggregate demand, and equilibrium income.
In closing down a military base, environmental inspectors found 100 tons of toxic waste. Which of the following is NOT a determinant of the consumer surplus generated by cleaning up 40 tons of waste?
A) The price of removing a ton of toxic waste B) The original quantity of toxic waste found by the inspectors C) The quantity of toxic waste removed by cleanup D) The effect of each ton reduction of toxic waste on the profitability of the alternative uses for this land E) The effect of each ton reduction of toxic waste on the health of citizens living near the base