________ motivates charitable giving because individuals value helping others
A) Pure altruism
B) Rationalism
C) Impure altruism
D) Consumerism
A
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Dividends are
A) payments by a corporation to its shareholders. B) financial securities which represent ownership in a corporation. C) the interest rate paid on shares of stock. D) the yearly payments associated with bonds.
Labor productivity will increase if the ________ increases and ________
A) quantity of labor per unit of capital; immigration increases while capital is fixed B) quantity of capital per hour worked; immigration increases while capital is fixed C) quantity of capital per hour worked; technology improves D) quantity of labor per unit of capital; technology improves
If an individual wins a multimillion dollar lottery and chooses to receive annual payments equaling the total prize, this person has a
A) relatively low discount rate. B) relatively high discount rate. C) discount rate of zero. D) It is impossible to tell.
If a consumer doubles her quantity of ice cream consumed when her income rises by 25%, then her income elasticity of demand for ice cream is
A) 8.0. B) 4.0. C) .25. D) .08.