When individuals form an alliance to ensure that all members will volunteer in case of a volunteer's dilemma, this is called

A) compulsory volunteerism.
B) coalition building.
C) bargaining.
D) eminent domain.


B

Economics

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Assume that the hourly price for the services of tarot card readers has risen and sales of these services have also risen. One can conclude that

A) the demand for tarot card readers has increased. B) the law of demand has been violated. C) the number of tarot card readers has increased. D) tarot card readers are deliberately charging high prices because they provide services for superstitious clients.

Economics

If Slovenia were a large country in world trade, then if it instituted a large set of subsidies for its exports, this must

A) harm its terms of trade. B) have no effect on its terms of trade. C) improve its terms of trade. D) decrease its marginal propensity to consume. E) harm world terms of trade.

Economics

Most new settlement in the West came from homesteads

Indicate whether the statement is true or false

Economics

Internal improvements are important to a developing and growing economy

Indicate whether the statement is true or false

Economics