Poor people who participate in job training programs are more successful in leaving poverty.
A. True
B. False
C. Uncertain
C. Uncertain
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Jerry spends his entire income on two goods, Bran and Tea. Every month he spends half of his income on each of these goods. Jerry's income elasticity of demand for Bran is .75. What is the income elasticity of demand for Tea?
A) 1.25 B) .75 C) 1 D) Unknown with the information provided
The __________ declared that some forms of price discrimination is illegal, especially when it decreases competition.
a. Robinson-Patman Act b. Sherman Antitrust Act of 1890 c. Merger Act d. Federal Trade Commission Act.
What would you pay for a newly issued 10-year bond with face value of $10,000 and no coupon payments? Assume the interest rate is 5 percent (0.05) per year
a. $0 b. $6,139.13 c. $10,000 d. $95,632.41 e. $100,000.00
The three components of consumption are durable goods, nondurable goods, and housing construction
Indicate whether the statement is true or false