Which of the following is a transfer payment?I.Social SecurityII.Unemployment benefits
A. I only
B. II only
C. Both I and II
D. Neither I nor II
Answer: C
Economics
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The figure above shows the costs and demand curves for the Bigshow Cable Company. If the firm is required to set its price according to an average cost pricing rule, the price is ________ and the quantity produced is ________ million
A) $8; 1 B) $6; 1 C) $6; 2 D) $4; 3
Economics
If the interest rate goes up, what happens to the investment demand curve?
A) It shifts to the right. B) It shift to the left. C) It stays put. D) We cannot tell.
Economics