Would Tom install the safety equipment?

a. Yes because it costs him less than it is worth
b. Yes because it costs him more than it is worth
c. No because it costs him more than it is worth
d. No because it costs him less than it is worth

a

Economics

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Provisions in the budget that cause government spending to rise or taxes to fall without legislation when GDP falls are known as

A) primary deficit enhancers. B) expansionary fiscal stimulus. C) non-political fiscal policy. D) automatic stabilizers.

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Interest-rate ceilings on deposits: a. meant banks were guaranteed "cheap money" from depositors

b. were imposed because without them, as was the case in the 1970s, banks couldn't be profitable. c. led to banks losing deposits whenever market rates went above the ceiling rates. d. are only effective when market rates are below the ceiling rates. e. were developed by money market mutual funds as a marketing device.

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