In the United States, the unemployment rate for blacks is roughly the same as the unemployment rate for whites
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Society is likely to over-allocate resources to produce goods that
A) are public goods. B) are merit goods. C) generate positive externalities. D) generate negative externalities.
Economics
__________ countries have explicit requirements about the number of parties that can participate in an election.
A. Most B. Few C. None D. All
Economics
In a monopoly, price is less than marginal revenue
Indicate whether the statement is true or false
Economics
If demand is price elastic, a decrease in seller's total revenue would result from a(n)
a. decrease in price b. increase in quantity demanded c. increase in price d. decrease in income for an inferior good e. increase in total cost to the seller
Economics