A perfect price discriminating equilibrium maximizes
A) consumer surplus.
B) the associated deadweight loss.
C) the market inefficiency.
D) total welfare.
D
Economics
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Which of the following statements would make a reasonable hypothesis to test?
A) Deflation is worse than inflation in any economy. B) An unemployment rate below 4% is bad for the economy. C) As tax rates increase, eventually tax revenues will decline. D) Higher real GDP per capita figures lead to happier citizens.
Economics
In the one-period model, what do we assume about household preferences?
A) Households prefer more to less. B) Households like money. C) Households dislike taxes. D) Households care about others.
Economics