Persuasive advertising is mostly used for
A) an inferior good.
B) a search good.
C) an experience good.
D) a persuasive good.
Answer: C
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If firms and workers could predict the future price level exactly, the short-run aggregate supply curve would be
A) downward sloping. B) horizontal. C) upward sloping. D) vertical.
Rising healthcare costs are attributable to
A) people living longer and desiring more care. B) reliance on expensive technology to support and prolong life. C) third-party financing of healthcare costs. D) all of the above
Mitt Romney argued in a debate with President Obama that the economy had grown more slowly in each year of the President's term than in the year prior to Obama's presidency. This claim is most related to the field of:
A. financial economics. B. macroeconomics. C. microeconomics. D. public policy.
Ceteris paribus is the same as rise / run.
Answer the following statement true (T) or false (F)