The economics of local school financing discourages school districts from attempting to maximize their tax base while minimizing enrollment size
Indicate whether the statement is true or false
F
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Refer to the figure above. Which of the following statements is true?
A) Ryan has a comparative advantage in the production of Good 1, whereas Tom has a comparative advantage in the production of Good 2. B) Ryan has a comparative advantage in the production of Good 2, whereas Tom has a comparative advantage in the production of Good 1. C) Ryan has a comparative advantage in the production of both the goods. D) Tom has a comparative advantage in the production of both the goods.
Compared to perfectly competitive firms, the demand curve for a monopolist will be
A) as elastic. B) more elastic. C) less elastic. D) perfectly elastic.
The U.S. government spent over $3.6 trillion in budget year 2010
a. True b. False Indicate whether the statement is true or false
If the stock market booms and people feel wealthier (in a closed economy), then the real interest rate ________ and investment ________.
A. rises; declines B. falls; declines C. rises; increases D. falls; increases