Which of the following is a transfer payment? I. Social Security II. Unemployment benefits

A) I only
B) II only
C) Both I and II
D) Neither I nor II


C

Economics

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In one week Alice can produce 5 pairs of shoes or 4 bookshelves while Roger can produce 10 pairs of shoes or 6 bookshelves. Alice should specialize in the production of

A) shoes. B) bookshelves. C) either shoes or bookshelves. D) neither shoes nor bookshelves.

Economics

The interest rate for primary credit is usually set ________ basis points ________ the federal funds rate. In March 2008, this gap was changed to ________ basis points

A) 50; below; 100 B) 100; above; 25 C) 100; below; 50 D) 50; above; 25

Economics

Exhibit: Utility) Total utility is maximized at the _______ unit.

a. first b. second c. fourth d. sixth Units 0 1 2 3 4 5 6 7 Total Utility 0 20 35 45 50 50 45 35 Reference: Ref 7-1

Economics

Refer to Figure 1-1. Using the information in the figure above, calculate the percentage change in sales of alcoholic beverages between 2013 and 2015

A) 23.8% B) 40% C) 42.9% D) 73.3%

Economics