An example of peak pricing is charging
a. more for long-distance phone calls in the daytime.
b. less for electricity at night.
c. more for public transportation in rush hours.
d. All of the above are true.
d
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Compared to corporations, businesses that are proprietorships
A) are far more numerous. B) account for a larger percentage of the economy's total revenue each year. C) can raise capital more cheaply. D) All of the above are correct answers.
In 2000, total United States spending on national defense was less than five percent of GDP
a. True b. False
An example of structural unemployment is a(n):
a. textile worker who quits one job and waits for the new job to begin. b. engineer permanently laid off due to advances in technology. c. computer programmer who becomes rich and leaves the labor force. d. All of these.
Public goods are characterized by
A. nonrivalness. B. excludability. C. the sum of the MRSs equaling MRT. D. all of these answer options are correct.