Government spending programs that create jobs are often popular because
a. the created jobs are highly visible, while the secondary effects of lost jobs in other areas, higher interest rates, and higher future taxes are less visible.
b. if a spending program is approved by Congress, it means that the value of what is produced is greater than the value of the resources used to produce it.
c. the benefits of job creation are always greater than the costs. Jobs are the key to economic progress.
d. when spending programs are funded by the government there are no secondary effects.
A
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Refer to the table below. If the cost per unit of advertising is constant at $750, what is the level of advertising per week that maximizes the industry joint profit?
Suppose the egg industry is made up of only the three farms above; Happy Chickens, Special Chickens, and Superior Chickens.
A) 4
B) 2
C) 3
D) 1
The dominant strategy in the prisoners' dilemma is for
A) neither player to confess. B) both players to confess. C) only the dominant player to confess. D) the dominant player not to confess.
Which of the following products can be sold through mass advertising?
a. A new electrocardiogram machine to be used by medical examiners b. A mainframe computer installation c. A new health insurance policy d. A new brand of baby diapers
It is possible for a team member to monitor the activities of all other team members without affecting his/her own productivity
Indicate whether the statement is true or false