Suppose that the CPI in Thailand was 345 in 2015 and 388 in 2016. The inflation rate between those two years was approximately
A) 11.2 percent. B) 14.3 percent. C) 12.5 percent. D) 43 percent.
C
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The "independence of irrelevant alternatives" criterion is also known as the:
A. majority options problem. B. third-party problem. C. swing-vote problem. D. misalignment problem.
One benefit of a negative income tax is that it would increase work incentives
a. True b. False Indicate whether the statement is true or false
In order to fully realize the gains from entrepreneurial innovation,
a. the government should subsidize potential entrepreneurs. b. it must be relatively easy for people to put their ideas in motion. c. it must be relatively difficult to continue implementing a bad idea. d. both a and b must be true. e. both b and c must be true.
If you want to know the long-run equilibrium output of one perfectly competitive firm, and you are permitted to see only one curve, which one below is most helpful?
A. Demand B. Marginal Cost C. Average total cost D. Average Fixed cost E. Average Variable cost