Risk premiums rise sharply in a financial crisis.

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


True

Economics

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Higher isocost lines correspond to higher

A) profits. B) sales revenue. C) input prices. D) total costs of production.

Economics

Children can be viewed as retirement insurance and thus provide individuals with incentive to create large families

Indicate whether the statement is true or false

Economics

An example of the external costs due to automobile driving is

A) wear and tear on toll roads. B) the opportunity cost of the driver's time. C) air pollution due to exhaust fumes. D) the cost of washing dirty cars.

Economics

On the notion of the Balanced Budget Amendment, economists are

A. unanimously against a rigid requirement of budget balance. B. apathetic. C. mostly against a rigid requirement of budget balance. D. unanimously in favor of a rigid requirement of budget balance.

Economics