People who always choose not to participate in fair games are called:
a. risk takers.
b. risk averse.
c. risk neutral.
d. broke.
b
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Because Federal Reserve Notes (paper currency) are legal tender
A) U.S. creditors must accept them in payment of debts. B) U.S. workers must accept them as payment for labor services. C) U.S. firms must accept them as payment for goods and services. D) All of he above are correct.
The above figure shows a graph of the market for pizzas in a large town. Suppose that concern over dietary habits has led the government to impose a restriction that limits suppliers to produce only 40 pizzas
As a result, for prices greater than $7, the A) supply curve is unchanged. B) supply curve is vertical. C) demand curve becomes vertical. D) demand curve becomes horizontal.
The demand for factor inputs:
A. is generally constant across most factor markets. B. depends upon the markets for the goods that they are used to produce. C. is independent of how much they contribute to the value of the end product. D. is referred to as imputed demand.
Of the following high-income countries, which has the highest number of CT scanners per 1 million population?
A) Canada B) Japan C) the United Kingdom D) the United States