Which of the following questions is of most interest for MACROECONOMISTS?
A) Why is there inflation?
B) Why does the steel industry want tariffs?
C) What is the appropriate stance of antitrust policy?
D) Why do foreigners immigrate to the United States?
A
Economics
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Which of the following will LEAST likely generate positive external effects to society?
A) education B) fast food services C) health care D) requiring drivers to undergo periodic eye examinations
Economics
For an individual, opportunity costs
a. decrease as consumption increases. b. include only the monetary costs of goods and services. c. reflect resource scarcity. d. reflect the fact that wants are unlimited. e. reflect the fundamental assumption that "more is better."
Economics