In terms of economic organization, the main difference between high schools and colleges is _____
a. that most colleges are monopolies while high schools are highly competitive
b. that most colleges are for-profit institutions while high schools are public nonprofits
c. that more market mechanisms are used at the college level
d. there are no differences in economic organization between the two
c
You might also like to view...
It is estimated that a 10 percent inflation in the United States would bear a shoe-leather cost of approximately ________ percent of GDP
A) 15 B) 6 C) 2 D) 0.25
Based on the chart for federal government expenditures, what are the three highest expenditure categories?
a. transfer payments, interest payments, and other expenditures
b. transfer payments, defense spending, and grants to state and local governments
c. defense spending , grants to state and local governments, and other expenditures
d. interest payments, grants to state and local governments, and other expenditures
A decrease in the real exchange rate will tend to ________ exports and to ________ imports.
A. decrease; decrease B. increase; decrease C. decrease; increase D. increase; increase
PriceQuantity SuppliedQuantity Demanded$00300$110250$250180$390150$4120120$515090$618050 Refer to Table 6.1, which gives the daily supply and demand schedules for cups of coffee at a kiosk in a shopping mall. If the government places a $4 per cup tax on coffee, how many cups of coffee will be bought and sold after the tax is imposed?
A. 50 B. 90 C. 150 D. 120