Which one of the following is an example of a positive statement?
A) Farmers need some type of government aid.
B) State governments should provide economic assistance to farmers.
C) The federal government should provide economic assistance to farmers.
D) The amount of financial assistance given to farmers is higher this year than it was 10 years ago.
Answer: D
Economics
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Describe the consumption schedule.
What will be an ideal response?
Economics
Because deposits are insured by the FDIC, most of us do NOT look at the lending behavior of our banks. This creates a(n) ________ problem.
A. contrary selection B. principled hazard C. moral hazard D. adverse selection
Economics