What is the most prominent rationing device you will likely find at your campus bookstore?
A) dollar price
B) brute force
C) anti-theft tags on the high-priced items
D) none of the above
A
Economics
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Suppose we are modeling a "closed" economy. The only way its government can obtain more goods and services than it can claim with net tax revenues is for
A) exports to exceed imports. B) imports to exceed exports. C) investment to exceed saving. D) saving to exceed investment.
Economics
The fact that a person with a forceful and persuasive personality but not necessarily the greatest amount of knowledge and judgment can exercise a disproportionate amount of influence is a major drawback of
A) the Delphi method of forecasting. B) the market research method. C) opinion polling. D) the jury of executive opinion approach.
Economics