People have little incentive to contribute to a project if they will be able to enjoy the benefits of the finished project for free
Indicate whether the statement is true or false
TRUE
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Which type of unemployment is a permanent and healthy phenomenon in a dynamic economy?
A) cyclical B) avoidable C) structural D) frictional E) unavoidable
Refer to Figure 18-1. The appreciation of the euro is represented as a movement from
A) A to B. B) D to A. C) A to C. D) B to C. E) D to C.
A decrease in the government's budget deficit will
a. increase the supply of loanable funds, lower the interest rate, and increase investment spending b. reduce the supply of loanable funds, raise the interest rate, and reduce investment c. increase the demand for loanable funds, raise the interest rate, and reduce investment spending d. reduce the demand for loanable funds, lower the interest rate, and increase investment spending e. increase the supply of loanable funds, reduce the demand for loanable funds, leave the interest rate unchanged, and increase investment spending
Jim has $600 a week to spend on clothing and food. The price of clothing is $30 and the price of food is $5. The clothing and food pairs in Jim's choice set include ________ units of clothing and ________ units of food.
A. 10; 60 B. 0; 200 C. 15; 70 D. 20; 50