There is no deadweight loss from subsidy
a. True
b. False
Indicate whether the statement is true or false
False
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The separation of corporate ownership and control removes most executive decisions from shareholder scrutiny, but offers an efficient division of labor between persons with differing skills, goals, and wealth
Indicate whether the statement is true or false
The price of a stock will decrease, ceteris paribus, when
A. People move money out of the bond market and look for other options. B. Terrorists cause people to be fearful. C. Congress makes sound budget decisions. D. Future earnings expectations increase.
Applied to trade in two goods between two countries, the principle of comparative advantage does not suggest that
a) a nation with an absolute disadvantage in producing both goods will have a comparative advantage in producing one of them b) the two nations will specialize in the production of different goods c) both nations will equally benefit from trade d) consumption possibilities will exceed production possibilities after trade e) each nation will import the good whose opportunity cost of production is higher at home than abroad
Most economists explain China's growth after 1980 as primarily due to a more educated population.
Answer the following statement true (T) or false (F)