A charity that used to arrange matching charitable contributions, but no longer does, is likely to ________ the free-rider problem and lead to a ________ level of contribution to the public good.
A. reduce; smaller
B. reduce; larger
C. increase; smaller
D. increase; larger
Answer: C
Economics
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A) the price level B) the real interest rate C) the opportunity cost of holding money D) all of the above E) none of the above
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The First Bank of the United States was chartered by
a. the federal government. b. the state of New York. c. the city of New York. d. Suffolk County.
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If the demand for steak increases as income increases, then steak is a(n):
A. normal good. B. inferior good. C. substitute good. D. complementary good.
Economics
Refer to the above figure. Perfect income equality is shown by
A. curve A. B. the horizontal axis. C. the vertical axis. D. curve D.
Economics