If the price of garbage removal rises, people will

a. demand a lesser quantity of garbage removal.
b. take more waste to recycling centers.
c. repair broken items rather than throwing them out.
d. All of the above are correct.


d

Economics

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The Herfindahl-Hirschman Index approaches ________ when a market consists of a large number of firms of relatively equal size

A) one B) zero C) 100 D) 500

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The CPI basket of goods represents those goods and services purchased by urban consumers because it represents:

A. over 80 percent of our population. B. over 90 percent of our population. C. 78 percent of our population. D. 60 percent of our population.

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Social Security is an important example of a portable benefit that follows the worker, no matter who their employer is.

Answer the following statement true (T) or false (F)

Economics

By raising the legal reserve requirement, the Fed

a. increases the money supply b. decreases the discount rate c. buys bonds through open market operations d. seeks to influence fiscal policy e. restricts banks' abilities to make loans

Economics