Discuss and contrast the advantages and disadvantages of public highways versus toll roads.
What will be an ideal response?
There would be less uniformity in roads and no assurances about quality. Toll roads might
exist in key areas if no one decides to build one or the costs are prohibitive.
Economics
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What are two benefits of the new auto-emission standards?
What will be an ideal response?
Economics
The interest payment on a bond is called a face value payment
Indicate whether the statement is true or false
Economics
Suppose your marginal utility from consuming the 3rd slice of cake is zero, then your total utility from consuming cake is
A) negative. B) increasing. C) maximized. D) decreasing.
Economics
Explain the lingering effects of colonialism and how it is still playing a role in hindering economic development in the developing world
What will be an ideal response?
Economics