If John drives more recklessly because he has good automobile insurance, it is an example of moral hazard.
Answer the following statement true (T) or false (F)
True
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Overcrowding under public school choice is not a problem because _____
a. parents find crowded schools undesirable b. parents do not mind sending their kids to schools far away from home c. schools have the ability to drastically expand capacity in the short-run d. schools will be extremely exclusionary
When the price level falls the quantity of
a. consumption goods demanded rises, while the quantity of net exports demanded falls.
b. consumption goods demanded and the quantity of net exports demanded both rise.
c. consumption goods demanded and the quantity of net exports demanded both fall.
d. consumption goods demanded falls, while the quantity of net exports demand rises.
A decrease in the nation's wealth, all other factors constant, would cause:
A. the bond demand curve to shift left. B. bond prices to rise. C. the bond supply curve to shift left. D. interest rates to decrease.
Explain the economic rationale for Henry George’s proposal for a single tax on land
What will be an ideal response?