If companies that were creating pollution had to pay the social cost of production, they would want to supply:
A. more at any given price.
B. less at any given price.
C. the same amount at the equilibrium price.
D. the same amount at any given price.
B. less at any given price.
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Sonia has a BAin art history, and is currently working full-time as a waitress. The Bureau of Labor Statistics would count Sonia as:
A. employed. B. underemployed. C. unemployed. D. a discouraged worker.
Comparing the mobility of U.S. workers at the bottom of the income distribution to European workers in the same situation shows that U.S. workers are
a. more mobile in moving from lower to higher quintiles during their working lives b. less mobile in moving from lower to higher quintiles during their working lives c. paid more but remain at the bottom longer d. paid less and remain at the bottom longer e. more likely to leave their country (U.S.) to find work elsewhere
During inflationary periods
a. the real value of money rises. b. the real value of money remains constant. c. the real value of money falls. d. the purchasing power of money rises.
Which of the following is an example of group price discrimination?
A) Senior citizen discounts. B) Buy two, get one free. C) Buy one, get another half off. D) None of the above.