Your roommate tells you she's going to join the gym next week. A week and a half goes by and you ask her how the gym is going, and she tells you she's going to wait until the following week. Your roommate's preferences are:
A. better today than tomorrow.
B. time inconsistent.
C. mistakes.
D. considered bad choices.
B. time inconsistent.
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Use the figure below to answer the following question.
What is the amount of total surplus without the excise tax?
A. $100 B. $32 C. $4 D. $80
Which of the following is not a potential source of monopoly?
a. patents b. economies of scale c. competitive tactics d. civil rights
A strong Japanese yen:
A) induced Japanese auto manufacturers to increase their production of cars in Japan. B) induced Japanese auto manufacturers to shift their production of cars to the U.S. C) made Japanese exports more price competitive globally. D) had no meaningful impact on Japanese auto manufacturers.
When aggregate demand intersects aggregate supply in its vertical segment, unemployment will result
Indicate whether the statement is true or false