A society that is inside its production possibilities frontier is efficient.
Answer the following statement true (T) or false (F)
False
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Suppose there is a technological change and the government does not intervene in the
Which one of the following persons would be classified as unemployed by the Bureau of Labor Statistics?
What will be an ideal response?
If speculators with Swiss francs believed the yen was going to depreciate against the dollar, they would most likely: =
A. Purchase euros. B. Not participate in foreign exchange markets because of the volatility. C. Purchase dollars. D. Purchase yen.
Is price discrimination always legal in the United States?
A. No, while price discrimination is legal throughout the country, it is not allowed if it is used to drive rivals out of business. B. Yes, a firm can price discriminate as long as it benefits them. C. No, price discrimination is discrimination, and its practice is never allowed in the United States. D. No, price discrimination is not legal in some states like California and Nebraska.