After Hurricane Sandy, FEMA (the Federal Emergency Management Agency) advertised in a New Jersey radio station how people affected by the hurricane could file for assistance

In the political marketplace, the decision makers in FEMA are best characterized as A) voters.
B) firms.
C) politicians.
D) bureaucrats.


D

Economics

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Which of the following will happen if a new firm enters in an oligopoly with differentiated products?

A) Market price will fall. B) Market price will rise. C) Existing firms will gain market share. D) Each firm will have an equal market share.

Economics

What measures would likely lower infant mortality rates in the United States?

a. Prenatal care programs in low-income neighborhoods. b. Reduced drug use among expectant mothers. c. Better nutrition. d. Delaying childbearing beyond the teen-age years. e. All of the above.

Economics

A scientist who is studying earthquakes includes the impact of wind when performing some tests of damages to structures. This is an example of

A) failing to understand how to do scientific methodology. B) irrational behavior in noneconomic situations. C) accounting for every possible phenomena that may effect the problem under examination. D) failing to hold all other things constant.

Economics

The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 

A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A

Economics