Refer to Figure 18.1. The opportunity cost of bicycles in Canada is
A) 1/2 of a hang glider. B) 2/3 of a hang glider.
C) 2 hang gliders. D) 4 hang gliders.
A
Economics
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In the United States, the death rate has been decreasing for a number of reasons. According to the book which is not a reason
a. Decrease in infant mortality b. Increase in life expectancy c. Out migration d. Declining rates of heart disease
Economics
When each voter has a most-preferred outcome for the expenditure on a particular government program, majority rule will produce the outcome
a. preferred by the mean (average) voter. b. preferred by the median voter. c. that causes the political party in power to increase its power. d. defined by Arrow's Impossibility Theorem.
Economics