Rent-seeking behavior is limited to those industries that lobby for government help in preserving monopoly powers.
Answer the following statement true (T) or false (F)
False
Economics
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When Fresh Express Salads decides to mechanically pick all of its lettuce, it directly answers the ________ question
A) what B) how C) for whom D) where E) when
Economics
Structural stagnation focuses on ________ in terms of understanding why the economy experiences slow growth.
A. low consumption B. low government spending C. low investment D. globalization
Economics
How much is the average propensity to consume when disposable income is $2 trillion?
A. .25
B. .5
C. .75
D. 1.0
Economics
If disposable income decreases from $1800 to $1500 and MPC = 0.75, then saving will:
A. Increase by $225 B. Decrease by $225 C. Increase by $75 D. Decrease by $75
Economics