Since 1960, countries in Africa have grown at rates ________ those of the main industrial countries
A) far below
B) far above
C) about the same
D) slightly below
E) slightly above
A
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The cost of producing an additional unit of a good or service that is borne by the producer of that good or service is the
A) marginal external cost. B) marginal private cost. C) marginal social cost. D) None of the above answers is correct.
In many areas of the country, electricity customers pay a set per unit price for each of the first X kilowatts and a lower per unit price for any additional kilowatts of electricity consumed in a month
This is an illustration of second-degree price discrimination. Indicate whether the statement is true or false
Mrs. Dodge has $8 million in income and pays no income taxes. Her income is most likely
A. capital gains. B. interest on corporate bonds. C. interest on municipal bonds. D. offset by mortgage interest.
Would one expect the imports and exports between two countries to be approximately equal?
What will be an ideal response?