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