Taxi medallions were issued in New York City to:
A. increase the wages of taxi drivers.
B. help new immigrants find jobs.
C. raise revenue for the city.
D. help commuters afford transportation.
Answer: A
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According to economist Paul Romer, economies that wish to experience growth must
A) invest most of their savings in national defense. B) invest in knowledge. C) drastically lower their standards of living. D) become command economies.
If MV rises from 250 to 375,
A. PQ will fall by 50%. B. PQ will remain the same. C. PQ will rise by 50%. D. PQ will rise by 100%.
A woman who is NOT sexually active could still develop:
A. chlamydia. B. endometriosis. C. gonorrhea. D. syphilis.
The definition of monopolistic competition differs from that of perfect competition with respect to _______________.
Fill in the blank(s) with the appropriate word(s).