In Tiebout Model, the tax can vary across communities.

A. True
B. False
C. Uncertain


A. True

Economics

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The English economist, Thomas Malthus, believed that sustained growth of income per person would be impossible because of

a. rapid growth of capital formation if population increased above the subsistence level. b. rapid growth of population if income increased above the subsistence level. c. rapid growth of government if income increased above the subsistence level. d. political democracy if income increased above the subsistence level.

Economics

The _____ labor market consists of a primary market and a secondary market.

Fill in the blank(s) with the appropriate word(s).

Economics

Under the U.S. system of regulation, most regulars are selected from

A. university professors who understand the nature of the industry and who understand the true interests of consumers. B. the industry that is to be regulated. C. consumer advocacy groups. D. politicians and their friends.

Economics

Refer to the given tables. The domestic opportunity cost of one unit of X in Alpha is:



Answer the question on the basis of the following production possibilities tables for countries Alpha and Beta:

A.  2 units of Y.
B.  4 units of Y.
C.  1 unit of Y.
D.  3 units of Y.

Economics