Public transit offers discounted monthly passes to students, which can only be bought and used with valid student IDs. The transit system is using
a. A direct discrimination scheme
b. An indirect discrimination scheme
c. The Robinson-Patman act
d. None of the above
a
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Transfer payments are not included in GDP because
A) their market value cannot be accurately determined. B) they do not generate additional income. C) they are not purchases of goods or services. D) their value is included in government expenditure.
One of the main sources of comparative advantage is natural resources
Indicate whether the statement is true or false
A monopoly may breed inefficiency by reducing competition and restricting production.
Answer the following statement true (T) or false (F)
A cooperative outcome in a situation where one nation pegs to another would be that the:
A) center country abandons its own stabilization policy in favor of the home country. B) home country absorbs the losses resulting from the stabilization policy in the center country. C) center country makes concessions, recognizing the impact on the home country, thereby sharing the pain. D) peg is temporarily abandoned.