Which group of people would be characterized as unemployed?
a. Those who are unwilling to work
b. Those who are unable to find work
c. Those who are unable to work
d. Those who did not search for work
e. Those who are too young to work
B
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Which of the following is an economic policy that promotes the efficient quantity of apartments?
A) a rent floor above the equilibrium rent B) a rent ceiling below the equilibrium rent C) a sales tax imposed on renting an apartment D) none of the above
If real output grows at 3 percent per year and the inflation rate is 3 percent per year then government debt can grow by 6 percent per year and not increase the ratio of debt to income
a. True b. False Indicate whether the statement is true or false
Quantity Supplied
What will be an ideal response?
A negative externality exists and government wants to impose a tax in order to bring about an efficient outcome. To accomplish its objective, government must set the tax equal to marginal
A) private cost. B) social benefit. C) external cost. D) social cost. E) external benefit.