Better public education serves to ________ unemployment
A) raise mismatch
B) lower mismatch
C) raise turnover
D) lower turnover
B
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If a country imposes a tariff on an imported good, the tariff ________ the price in the importing country and ________ the quantity of imports
A) raises; decreases B) raises; increases C) raises; does not change D) lowers; does not change
Which of the following is not an advantage of modern corporations?
a. Limited liability b. Longevity and permanence c. More likely to earn higher profits d. Ease of attracting investors
Hasan’s coworker brings in tacos at the same time as Hasan’s manager brings in pizza. The marginal utility of the first taco for Hasan is 6 utils. How many slices of pizza will Hasan eat before he switches to eating tacos?
a. 1
b. 2
c. 3
d. 4
Exports are domestically produced goods and services
A) sold to other countries. B) sold to the government. C) sold at home. D) which are used to produce other goods and services.