Which of the following is an example of a product that is excludable and rival?
A) a motorcycle
B) the court system
C) Western lowland gorillas
D) a NASCAR event
A
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Which of the following goods are most likely to be substitutes?
a. potato chips and chip dip b. bread and peanut butter c. ketchup and French fries d. bananas and apples
The principle of comparative advantage explains specialization and trade among countries but not among individuals
a. True b. False Indicate whether the statement is true or false
All of the following are primary uses of CFCs, EXCEPT
a. refrigeration b. aerosol propellants c. insulation d. fuel octane boosters
Is it possible for the unemployment rate to rise at the same time that the number of people working increases?
A. yes, if labor force growth outpaces growth in the number of people working B. yes, if established workers keep their jobs but no longer have the option of working overtime C. yes, if the new workers are employed less than full time D. no