There are no questions in this chapter
A)
B)
C)
D)
A
Economics
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Why is the demand curve the same as the marginal benefit curve?
What will be an ideal response?
Economics
_____ is embodied in the notion of a social welfare function
a. Progressivism b. Socialism c. Utilitarianism d. Social insurance
Economics
Suppose the economy was in equilibrium, and the national government increased spending by $200 billion. Monetarist theory would predict that the main factor that will readjust the economy is the:
a. Real risk-free interest rate. b. Real GDP. c. Nominal and real exchange rates. d. Money supply. e. Real wage rate.
Economics
When goods do not have a price, which of the following primarily ensures that the good is produced?
a. buyers b. sellers c. government d. the market
Economics