Congestion taxes tend to cause an increase in traffic volume during rush hours.
Answer the following statement true (T) or false (F)
False
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How does the study of microeconomics differ from that of macroeconomics? Give one example each of an issue studied in microeconomics and in macroeconomics
What will be an ideal response?
A profit-maximizing firm will hire additional units of labor until
A) the additional cost of hiring the last worker equals the additional revenue generated by that worker. B) the additional cost of hiring the last worker equals the marginal factor cost of the worker. C) the extra revenue from hiring the last worker equals the marginal physical product of labor. D) the extra cost from hiring the last worker equals the cost of the product.
The ________ gives loans to medium-income, creditworthy countries, and the ________ gives aid to poorer countries.
A. UNDP; IBRD B. IBRD; IDA C. IDA; IBRD D. IDA; UNDP
Explain the capture hypothesis
What will be an ideal response?