Which of the following is true about nuclear power?
A. It is likely to become a less and less important source of energy in the future.
B. There are very few safety concerns surrounding its use.
C. Its use does not contribute to global climate change.
D. The cost of building and operating nuclear power plants is likely to fall.
Answer: C
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Suppose a student is attending your college on an athletic scholarship, and doesn't pay a penny for tuition. According to the economic way of thinking, the student's cost of attending college is
A) zero. B) bore completely by the college's athletic fund. C) positive, because the student sacrificed some other opportunity to attend your college. D) positive, because the student still needs food and housing. E) negative, because nobody really gains by trying to combine athletics with higher education.
Sound business decision making requires a firm understanding of both microeconomic and macroeconomic concepts
Indicate whether the statement is true or false
According to the above table, what is the absolute price elasticity of demand if price falls from $8.00 to $7.50?
A. 1.21 B. 4.00 C. 1.80 D. 2.82
A study conducted by Alberto Alesina and Lawrence Summers concluded that countries with highly independent central banks had ________ than countries whose central banks had little independence
A) lower unemployment rates B) higher unemployment rates C) higher inflation rates D) lower inflation rates