Suppose you made a 5% down payment on a house on January 1, 2013, and on January 1, 2014 you decide to sell the house. If the price of your house decreased by 10%, the return on your investment in the house would be
A) -5%.
B) -10%.
C) -50%.
D) -200%.
D
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Which of the following are forms that organizations can take?
A) U-form. B) M-form. C) network form. D) All of these choices are possible forms.
Often when consumers enter the used car market to make a purchase,
a. they know little about what they are purchasing. b. the motto "let the buyer beware" applies. c. the information they gain may not be perfect, but may be what economists call "optimally imperfect." d. All of the above are correct.
The biggest benefit to members of a union is:
A. being able to bargain as a group. B. negotiating minimum wage legislation. C. keeping non-union workers out of their industry. D. getting raises without having to do any work.
Social demand equals market demand plus externalities when there are positive external benefits.
Answer the following statement true (T) or false (F)