Public policies
a. may be able to improve either economic efficiency or equality.
b. may be able to improve economic efficiency but cannot improve equality.
c. may be able to improve equality but cannot improve economic efficiency.
d. cannot improve either equality or economic efficiency.
a
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A rightward shift in the demand curve for domestic assets can be caused by ________
A) a decrease in the domestic real interest rate B) a rightward shift in the supply curve for domestic assets C) a leftward shift in the supply curve for domestic assets D) an increase in the domestic real interest rate
Describe the circumstances under which a producer of joint products in fixed proportions might not sell all of one of the available joint products at the profit-maximizing level of operations
What will be an ideal response?
One benefit of the patent system is that it encourages the production of technical knowledge
a. True b. False Indicate whether the statement is true or false
The quantity demanded of Pepsi has decreased. The best explanation for this is that
A. the price of Pepsi has increased. B. the price of Coca-Cola has increased. C. Pepsi consumers had an increase in income. D. Pepsi's advertising is not as effective as in the past.