________ sell shares to investors and use the money to buy short-term securities
A) Mortgage-backed securities dealers B) Hedge funds
C) Shadow banks D) Money market mutual funds
D
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Which of the following is a disadvantage of the benefit principle?
a. It cannot be applied to transfer programs. b. It does not apply to user charges. c. It is completely incompatible with efficiency. d. It closely resembles a market price.
In recent years, the highest rate of unemployment among U.S. adults has been among
a. married men. b. adult females. c. adult males. d. black workers.
Suppose the total benefit of watching 1 baseball game is 100, the total benefit of watching 2 games is 120, and the total benefit of watching 3 games is 125. In this case, the marginal benefit of watching the 3rd game is:
A. 125 B. 375 C. 5 D. 41.67
Suppose the price of a ticket to a Lenny Kravitz concert is $41 and at that price, the quantity of tickets demanded is 17,000 per concert
Using the midpoint method of calculating percentage changes, if Mr. Kravitz raises the price to $48 and the quantity demanded decreases to 16,000, the price elasticity of demand for his concert tickets is A) 15.73. B) 6.06. C) 1.00. D) 0.39. E) 0.93.