Contractionary fiscal policy may have some undesirable consequences. Among these is
A. higher unemployment.
B. higher inflation.
C. higher net exports.
D. larger federal deficits.
Answer: A
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Why might it be a bad idea to engage in first-degree price discrimination?
A. Price discrimination is illegal and can lead to lawsuits and lost customers. B. The information needed does not exist and scarce resources should not be used searching for it. C. Price discrimination in any form is not viable for most companies as a way to increase profits. D. The information needed can be costly and can lead to decreased profits for the company.
A factor market is a market in which
A) households buy goods and services. B) households sell the services of the factors of production they control. C) firms sell the services of the factors of production. D) firms sell goods and services.
An economic profit of zero indicates a satisfactory situation for the firm
a. True b. False Indicate whether the statement is true or false
Economic progress
What will be an ideal response?