_____ is the charging of "an unconscionable or exorbitant rate of interest."
Fill in the blank(s) with the appropriate word(s).
Usury
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People who are risk neutral are more likely to engage in tax evasion than people who are risk loving.
A. True B. False C. Uncertain
An individual having an unusually bad year will be on her short-run consumption function at a point ________ her long-run consumption function, with an unusually ________ saving ratio
A) above, high B) above, low C) below, high D) below, low
When negative network externalities are present
A) the demand curve is more elastic than otherwise. B) the demand curve is less elastic than otherwise. C) the demand curve shifts to the right. D) the demand curve shifts to the left.
Marginal revenue product is
A. marginal physical product multiplied by marginal revenue. B. the total revenue from the sale of the product sales. C. marginal physical product multiplied by average variable cost of the product. D. the price of the product.