According to the principle of subsidiarity, in which of the following areas should the authority for making decisions be taken from national governments and given to the EU?
A) Pollution of a trans-national waterway
B) Limits on the hours retails stores are allowed to be open
C) Highway traffic laws
D) Recycling requirements on packaging
E) All of the above.
A
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Government expenditures on goods and services include
i. the New York City Library's purchase of new books. ii. Washington D.C.'s purchase of gas for its city buses. iii. California's payment of wages to prison guards. A) i and ii B) i and iii C) i, ii and iii D) i only E) ii and iii
If autonomous consumption decreases, which of the following is the most likely effect in the short run?
a. a decrease in output, an increase in money demand, and an increase in the interest rate b. an increase in output, a decrease in money demand, and a decrease in the interest rate c. a decrease in output, a decrease in money demand, and a decrease in the interest rate d. an increase in output, an increase in money demand, and a decrease in the interest rate e. an increase in output, an increase in money demand, and an increase in the interest rate
Given the data in the above table, the marginal revenue curve
A. lies above the demand curve. B. is equal to the demand curve. C. intersects the demand curve. D. lies below the demand curve.
When a firm uses a form of quantity discrimination that charges large purchasers less it is the high quantity purchasers that generate most profit
Indicate whether the statement is true or false