Which of the following is an example of a subsidized service?
A) Social Security payments to retirees
B) Social Security payments to widows
C) welfare payments to the unemployed
D) Medicare reimbursements to hospitals
D
Economics
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Which word comes from the Greek world for "one who manages a household"?
a) market b) consumer c) producer d) economy
Economics
A straight-line demand curve with negative slope intersects the horizontal axis at 200 tons per week. The point on the demand curve at which the price elasticity of demand is 1 corresponds to a quantity demanded
A) of 0 tons. B) of 100 tons. C) of 200 tons. D) that would be negative if a negative quantity demanded were possible.
Economics