NAFTA was a controversial issue in the 2008 presidential campaign, particularly in the Democratic primaries
Indicate whether the statement is true or false
TRUE
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Subprime mortgages
A) are loans covered by reserve requirements of commercial banks. B) are home loans backed by the Treasury. C) are home loans given to individuals without credit to meet the loan requirements. D) none of these choices.
Which of the following items is most likely to be an inferior good?
a. bus tickets b. airline tickets c. housing d. stereo equipment e. home computers
Refer to the information provided in Table 13.3 below to answer the question(s) that follow. Table 13.3Price ($)Quantity4.001003.502003.003002.504002.005001.506001.00700Refer to Table 13.3. If a monopoly faces the demand schedule given in the table, what is its marginal revenue from the 200th unit it sells?
A. $2 B. $3 C. $3.50 D. $300
In labor economics, the term "customer discrimination" refers to a situation where customers are charged different prices for services rendered by a firm
Indicate whether the statement is true or false