__________ consumption will __________ as a result of a decrease in taxes

A) Autonomous; decrease
B) Autonomous; increase
C) Induced; decrease
D) Induced; increase


B

Economics

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You like to sleep until 11:00 am during the semester. What is the opportunity cost of attending an 8:00 am class?

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If you own 500 shares of preferred stock, how many regular votes would you get to cast at the next stockholders meeting?

A) 500 B) 250 C) 1 D) 0

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The concepts of comparative advantage, specialization, and trade form a compelling argument in favor of:

A. free trade. B. protectionism. C. self-sufficiency. D. only exporting goods and not importing goods.

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In contrast to both perfect competition and monopolistic competition, an oligopoly market structure is characterized by:

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Economics