If Tanisha can audit more tax returns in one hour than Libby, then Tanisha has an absolute advantage in auditing tax returns

Indicate whether the statement is true or false


TRUE

Economics

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Suppose tastes satisfy our usual assumptions. Kinks in budget constraints do not give rise to the possibility of multiple solutions unless the kinds produce a non-convexity in the choice set.

Answer the following statement true (T) or false (F)

Economics

In the figure above, the market for jackets ________ in long-run equilibrium, and there is ________ for new firms to enter

A) is; no incentive B) is; an incentive C) is not; an incentive D) is not; no incentive

Economics

Of the following high-income countries, which has the highest obesity rate?

A) Canada B) Japan C) the United Kingdom D) the United States

Economics

What are some criticisms of the CPI as a measure of inflation?

Economics