By definition, inalienable rights:
A. would never be violated in a free market environment.
B. do not exist.
C. cannot be sold or given away.
D. belong to individuals, and so they can sell them or give them away.
Answer: C
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A decrease in ________ increases the money supply since it causes the ________ to rise
A) reserve requirements; monetary base B) reserve requirements; money multiplier C) margin requirements; monetary base D) margin requirements; money multiplier
Lisa consumes only pizzas (P) and burritos (B). Her utility function is U = P0.5 B0.5. The price of per pizza is $10 and the price per burrito is $5. In equilibrium, Lisa consumes four pizzas
Using Lisa's utility function, calculate how many burritos she consumes.
If a nation imports more than it exports, then its net exports are:
a. positive. b. negative. c. zero. d. unstable.
Countries that start with very little physical capital will get a:
A. higher return from adding a unit of capital than a country that starts at a higher initial level will. B. lower return from adding a unit of capital than a country that starts at a higher initial level will. C. similar return from adding a unit of capital than a country that starts at a higher initial level will. D. higher return from adding a unit of capital the more natural resources they possess.