Reference no: EM13831117
1) Which of the following is a list of nonrival private goods only?
A. a public beach, soup kitchen meals, public roads, smog reduction
B. online video games, a private beach, toll highways, cable Internet service
C. cable Internet service, toll highways, public roads, soup kitchen meals
2) Economic theory suggests that college graduates receive higher wages than those with only a high school education because:
A. college graduates are more productive.
B. college graduates tend to unionize.
C. the supply of high school graduates is relatively small compared with the supply of college graduates.
D. national defense, a lighthouse, smog reduction, cable Internet service
|
Multipoint description of the trade or business
: We know that Keynes and Minsky both had a multipoint description of the trade, or business, cycle with Minsky being more detailed than Keynes. Using Keynes' elements of the trade cycle as major bullet points, as-sign Minsky's elements of the business..
|
|
The long-run market supply curve in a competitive market
: The long-run market supply curve in a competitive market will
|
|
Poor economic analysis technique for ranking alternatives
: A poor economic analysis technique for ranking alternatives is ______________.
|
|
Measuring performance
: If public opinion surveys show that the majority of Americans regard inflation as a more serious threat than unemployment: Does this imply that the majority of Americans would rather be unemployed in a period of stable prices than employed in a time ..
|
|
List of nonrival private goods
: Which of the following is a list of nonrival private goods only? Economic theory suggests that college graduates receive higher wages than those with only a high school education because:
|
|
What is the growth rate of total factor productivity
: The current population of the United States is 318.9 million with 3% of the population is engaged in R&D at an efficiency rate of 1/500 per million persons per year. If R&D is the only source of total-factor productivity growth what is the growth rat..
|
|
Nominal interest rates are quoted at a variety of maturities
: Nominal interest rates are quoted at a variety of maturities, corresponding to different lengths of loans. For example, in late 2004 the U.S. government could take out ten year loans at an annual interest rate of a bit over 4 percent, whereas the ann..
|
|
Suspension of international trading and financial activities
: Large-scale wars typically bring a suspension of international trading and financial activities. Exchange rates lose much of their relevance under these conditions, but once the war is over governments wishing to fix exchange rates face the problem o..
|
|
What are benefits and drawbacks of having health program
: What are the benefits and drawbacks of having a health program that varies by state versus having one that is uniform across the country? Do you find that the positives of state flexibility outweigh the negative or vice versa?
|