Which of the following would provide an incentive to increase the amount of beef consumed?
A) a decrease in the price of beef
B) a tax on beef sales
C) promotion of chicken consumption
D) a ban on beef sales by the Food and Drug Administration
Answer: A
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The risk of a portfolio
a. increases as the number of stocks in the portfolio increases. b. is usually measured using a statistic called the standard diversification. c. is positively related to the average return of the portfolio. d. bears no relationship to the average return of the portfolio.
What economic problems persist in Latin America? How has this shaped recent policy in the region and why are changes particularly challenging?
What will be an ideal response?
As the economy turns the corner into a recession, the level of unplanned inventories ________ and firms ________ production
A) increases; do not change B) decreases; begin to decrease C) increases; begin to decrease D) decreases; begin to increase E) increases; begin to increase
Which of the following is NOT illustrated by a production possibilities frontier?
A) scarcity B) opportunity cost C) necessity for choice D) who gets the goods