The law of comparative advantage can be used to explain why many couples divide up their household duties along gender lines

Indicate whether the statement is true or false


True

Economics

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Populist policies are not successful even in the immediate short run at stimulating the economy and creating jobs

Indicate whether the statement is true or false

Economics

Social Security payments are included in personal income

a. True b. False Indicate whether the statement is true or false

Economics

If we observe that when the price of chocolate increases by 10%, total revenue increases by 10%, then the demand for chocolate is unit price elastic

a. True b. False Indicate whether the statement is true or false

Economics

What is one reason the eBay seller reputation system is important?

A) eBay transactions tend to be isolated, one-off transactions. B) eBay transactions tend to be repeat sales between the same seller and buyers. C) eBay transactions often involve stolen products. D) eBay transactions require a larger percentage than, say, Amazon transactions.

Economics