Which of the following countries has the highest output per capita?
a. The United Kingdom
b. The United States
c. France
d. Italy
e. Germany
b
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People who consent to bear costs for the benefit of others whom they do not know personally usually do so
A) because they are concerned about the welfare of society. B) because they have been offered some benefit as an inducement. C) only when they are compelled by force. D) without calculating the costs to themselves.
When the government created the Consumer Product Safety Commission they created what type of government regulation?
a. social regulation b. economic regulation c. antitrust policy d. none of the above
The total fixed cost curve:
A. varies with the quantity of inputs used. B. decreases with output. C. increases with output. D. remains constant regardless of output.
If a security pays $55 in one year and $133 in three years, its present value is $150 if the interest rate is
A) 5 percent. B) 10 percent. C) 12.5 percent. D) 15 percent.