Which of the following countries does not come close to the free market benchmark?
A) the United States
B) Japan
C) Cuba
D) France
Answer: C
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If a small country imposes a tariff on an imported good, domestic sellers will gain producer surplus, the government will gain tariff revenue, and domestic consumers will gain consumer surplus
a. True b. False Indicate whether the statement is true or false
Which of the following would shift the investment demand curve leftward?
a. Higher expected returns on investment b. A lower real interest rate c. A higher real interest rate d. Lower expected returns on investment
If the marginal utility of income decreases as income increases, transferring income from the rich to the poor will
A. increase marginal utility, but not change total utility. B. decrease total utility. C. increase total utility. D. not change total utility.
Describe how UPS has used positive technological change to improve its package handling and delivery schedule
What will be an ideal response?