Changes in the money market have an impact upon the bond market

Indicate whether the statement is true or false


True

Economics

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Forcing members of a group into certain kinds of occupations is known as statistical discrimination

a. True b. False Indicate whether the statement is true or false

Economics

If the ice cream industry is monopolistically competitive, then: a. the price of ice cream equals marginal cost in equilibrium

b. the price of ice cream equals average cost in long-run equilibrium. c. the price of ice cream is less than marginal cost in equilibrium. d. there are significant barriers to entering the ice cream business.

Economics

Consider a consumer choosing between spending her money on food, F, or clothing, C. Assume that a unit of food and a unit of clothing have the same price, and that the consumer can afford a total of 20 units of either food or clothing. If B stands for benefits then "B(F) + B(C)" is the:

A. constraint. B. objective function. C. optimization problem. D. sunk cost.

Economics

Refer to the tables. Suppose that technology and the quality of resources are the same in both countries. We can conclude that:



A. Duckistan has more resources than Herbania.
B. Herbania has more resources than Duckistan.
C. Duckistan has greater opportunity costs than Herbania.
D. Prices are twice as high in Herbania as in Duckistan.

Economics