A local government operates a city recreation center with a pool and tennis courts. The center is financed through $50 annual membership fees (required for members to use it). This type of financing is an example of a
a. head tax.
b. excise fee.
c. user charge.
d. progressive tax.
C
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The reasons why someone cannot get a job are similar to the reasons why someone cannot get a date
Using the ideas of frictionally unemployed, structurally unemployed, and cyclically unemployed, describe and explain how a student at your university might be frictionally "undated," structurally "undated," and cyclically "undated."
_____________ rhythms are the daily rhythmic activity cycles, based on 24-hour intervals, that humans experience
a. Circadian b. Cybernetic c. Dynamic d. Calibrated
The law of diminishing returns indicates that the marginal physical product of a factor declines as more:
A. Output is produced with the most efficient combination of factors. B. Of the factor is used, holding output constant. C. Of the factor is used, holding other inputs constant. D. Of the good is consumed.
The price elasticity of demand for insulin is:
A. likely to be perfectly inelastic over some range of prices. B. perfectly elastic. C. low relative to the supply. D. a large portion of someone's income.