Many college football teams require a "donation" in order to purchase season tickets. This is
A) price gouging.
B) a tie-in sale.
C) two-part pricing.
D) anti-competitive behavior.
C
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Demand-pull inflation persists because of
A) continuing increases in government expenditures. B) continuing increases in the quantity of money. C) continuing increases in the real wage rate. D) continuing decreases in the money wage rate. E) continuing increases in aggregate supply.
Give an example of a positive economic statement and a normative economic statement
What will be an ideal response?
Which federally funded program provides those who are eligible with a debit card to pay for food?
a. SNAP b. TANF c. EITC d. AFDC
If the demand for new cars is elastic, an increase in price will result in:
A. an increase in profits. B. an increase in total revenue. C. a decrease in total revenue. D. an increase in the quantity demanded.