If a nation abandons its own currency and decides to use another nation's currency as its own circulating currency, this is known as:
a. euro-zoning.
b. dollarization.
c. a managed float.
d. a Western regime.
Ans: b. dollarization.
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Historically, price discrimination was aggressive behavior exhibited by whom? The
(a) monopolist (b) mom and pop business person (c) manager of a large group of industrial workers (d) corporation
The official poverty level is based on
A) total net worth. B) pretax income, and includes cash subsidies but does not include in-kind subsidies such as food stamps. C) after-tax income, and includes both cash and in-kind government subsidies. D) wages and salaries, plus any unreported amounts of income from the underground economy.
Which of the following demographic groups in the U.S. has the highest unemployment rates?
a. College graduates. b. White working-age people. c. African-American teenage males. d. All working-age people with a high school diploma but no college.
Suppose a satellite radio signal can be received by any number of devices without the quality being diminished but that the devices are only activated when consumers pay a subscription. Which recognized characteristic of goods does not hold
A. morality. B. exclusivity. C. lucidity. D. rivalry.