Grocery coupons and mail-in rebates are forms of price discrimination
a. True
b. False
Indicate whether the statement is true or false
True
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If production of a good creates an external cost, the amount of output where the marginal social benefit equals the marginal private cost is
A) inefficient. B) inequitable. C) unattainable. D) efficient.
As an investor, would you agree to the statement "put all your eggs in one basket?" Substantiate your answer
Jorge is debating whether to concentrate on playing professional football or professional baseball. He is offered $6 million a year to play baseball and $8 million a year to play football. If he chooses to play football
A) the economic rent in his salary is $8 million. B) the economic rent in his salary is $6 million. C) the economic rent in his salary is $2 million. D) the economic rent in his salary is $14 million.
The M2 measure of the money supply equals
A) savings account balances plus small-denomination time deposits plus traveler's checks. B) savings account balances plus small-denomination time deposits plus noninstitutional money market fund shares. C) M1 plus savings account balances plus small-denomination time deposits. D) M1 plus savings account balances plus small-denomination time deposits plus noninstitutional money market fund shares.