If a university begins a policy of permanently expelling any student caught cheating in any way, you would expect that:
a. no students would cheat
b. fewer students would cheat.
c. major cases of cheating would become a larger fraction of all cases of cheating attempted.
d. Both b. and c. would occur.
d
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Use the following graph for a competitive market to answer the question below.
Assume the government imposes a $2.25 tax on suppliers, which results in a shift of the supply curve from S1 to S2. How much of the total tax revenue is paid by the buyer?
A. $675 B. $375 C. $750 D. $300
Along a linear consumption function,
A) the average propensity to consume rises with income, but the marginal propensity to consume falls with an increase in income. B) the marginal propensity to consume rises with an increase in income. C) the average propensity to consume falls with an increase in income. D) both the average propensity to consume and the marginal propensity to consume rise with an increase in income.
During World War II, prisoners of war used ________ as money
A) chocolate B) cigarettes C) bullets D) cowrie shells
In terms of planning, which of the following is an advantage of the long run over the short run?
a. flexibility b. complexity c. inelasticity d. frequency