The costs to firms of changing prices are called
A) menu costs. B) redistribution costs.
C) anticipation costs. D) money illusion costs.
A
Economics
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Refer to Table 17-3. What is the amount of revenue added as a result of hiring the fourth worker?
A) $7,200 B) $1,200 C) 90 microwaves D) 15 microwaves
Economics
The basic idea behind a negative income tax is to
a. help local government agencies deliver more services to the poor. b. increase the in-kind income of the poor. c. help the poor get job skills. d. help the poor without destroying incentives to work.
Economics