The table above shows the demand and costs for a single-price monopolist. The firm can maximize its profit by selling
A) 0 units.
B) 20 units.
C) 40 units.
D) 60 units.
D
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The figure above gives your budget line for magazine and CDs per month. Given that your income equals $60 per month, what is your real income in terms of magazines?
A) 12 magazines B) 6 magazines C) 2 magazines D) $60/month
Indian exporters are concerned about trade diversion because _________ made an agreement with the ASEAN free-trade area.
a. India b. China c. the United States d. Mexico
Which is the most accurate statement?
A. Our trade problems with Japan and China are very similar. B. Japanese markets have been at least somewhat closed to imports. C. If Japan and China traded fairly, our trade deficits with those two countries would disappear. D. Our trade deficits with Japan and China account for almost our entire trade deficit.
Answer the following statements true (T) or false (F)
1) After the implementation of TANF, the U.S. welfare rolls fell by more than one-half between 1996 and 2007. 2) The U.S. poverty rate for the elderly (65 and over) is higher than for the general population. 3) The U.S. poverty rate was considerably lower in 2011 than in 1960. 4) Labor market discrimination increases the size of the nation's GDP by promoting specialization on the basis of race.