Economy with no productivity growth is called the
A) zero-sum society.
B) zero-growth society.
C) export-led society.
D) doomed-to-fail society.
A
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An increase in the demand for music downloads indicates that more music downloads are
A. demanded because sellers are putting music downloads on sale. B. demanded because music download prices have decreased. C. demanded even if prices of music downloads stay the same. D. demanded because sellers are selling more music downloads.
Which of the following provisions of the Affordable Care Act will work to keep high-risk and low-risk people in the same health insurance pool?
A) the employer mandate provision B) the individual mandate provision C) the stipulation that people with preexisting conditions cannot be denied health insurance D) all of the above
Refer to the figure above. What is the initial equilibrium price of the good?
A) $20 B) $40 C) $60 D) $80
Explain why some amount of ignorance can be rational
What will be an ideal response?