Increases in spending on education will lead to an increase in student performance.
A. True
B. False
C. Uncertain
C. Uncertain
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Define subsistence level. What happens if the income in an economy exceeds the subsistence level in Malthus cycle?
What will be an ideal response?
The law of demand holds that as prices of goods decrease, people are willing to buy more.
Answer the following statement true (T) or false (F)
The greater the magnitude of the external costs of production, a. The larger is the deadweight loss from overproduction
b. The greater would be the optimal pollution tax. c. The further the private market solution ignoring those costs would deviate from the socially efficient level of output. d. All of the above are true.
The founding document of the European Economic Community, and the document that continues to provide the basis for the European Union is the
A) Treaty of Brussels. B) Treaty of Rome. C) Single European Treaty. D) Maastricht Treaty.