Which of the following goods is likely to have the most inelastic demand?
A. restaurant meals
B. air travel
C. movies
D. cigarettes
Answer: D
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Before they can be used in regular exchanges, the assets that make up M2 must often
A) be paid off if they are credit cards. B) be converted to M1 assets. C) have their interest computed. D) have reached term if they are insurance policies.
If buyers were required to pay the federal excise tax on gasoline directly to the government, the demand curve for gasoline would shift up
Indicate whether the statement is true or false
If there is a change in the ability of a firm to produce a given level of output with a given level of inputs, we say there is
A) an increase in labor productivity. B) a movement along a given per-worker production function. C) technological change. D) human capital investment.
Identify the 6 main provisions of the Patient Protection and Affordable Care Act (ACA)
What will be an ideal response?