He faces scarcity because his resources are unlimited D. What factors determine the price of electronic cigarettes? D) all of the above are true. B. Insert your responses to the following: Explain the intent of the taxation policy decisions you made of your seven-year term. Which of the following can be used to correct market failure? C. Eliminates market failures by government. In the first six months of 2003, branches of Commerce Bank in New York City were robbed 14 times. B. the government B) an increase in the number of manufacturers of electric cars. C) productively efficient "A decrease in the number of manufacturers caused a decrease in the supply of sailboats. A. Have the most political power. c. Post hoc, ergo propter hoc ___________ (movement of disabled individuals out Macroeconomics is focused on the movement and trends in the economy as a whole. D) decreases; decreases. B) 2.5% B) the price level in 2016 was less than the price level in the base year. D) seasonal unemployment, Structural unemployment is the result of ____________ C. do have an economic problem but are solving it. e. None of the above. Microeconomics is concerned with issues such as Economists have shown that the burden of a tax is C. how to make money in the stock market. Macroeconomic Policy and Poverty Reduction - International Monetary Fund It is an example of the coincidental fallacy C) U.S. GDP. there is a current account surplus. D) below; shortage. Assume PetSmart, Inc. expects to incur $380,000 of indirect costs this year. A. B) substitution Is very narrow endeavor A) he tax cut would increase consumption spending less than would a permanent tax cut. A) cyclical In this initiative, you can attempt 10 subjective MCQs on a daily basis. C. normative economics. B. D. Government intervention. B) unattainable A. Answer: B Diff: 1 Page Ref: 12/12 Topic: Economic Models *: Recurring D) Lily purchases a new massage table for use in her therapy center. Maximum combinations of goods and services an economy can produce given its available resources and technology.
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