In recent decades, countries with high economic growth have experienced _______ inequality, and those with low rates of growth have experienced __________ inequality.
A. increasing; decreasing
B. increasing; increasing
C. decreasing; increasing
D. decreasing; decreasing
B. increasing; increasing
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The price of gasoline in Europe is about three times that in the United States, mainly because the European gas tax is higher than the U.S. gas tax
How would an increase in the gas tax in the United States to the European level change carbon emissions? Would this tax increase bring greater efficiency or would it increase deadweight loss?
The equation that represents M2 in the model of the money supply process is
A) M2 = C + D. B) M2 = C + D + T - MMF. C) M2 = C + D - T + MMF. D) M2 = C + D + T + MMF.
Statistical discrimination:
A. can limit the opportunities of individuals just because they happen to belong to a certain group of people. B. can be a rational response to information asymmetry. C. is not always a legal solution to information asymmetry. D. All of these statements are true.
Individuals will make choices to maximize their:
A. constraints. B. utility. C. income. D. values.