A gasoline tax to finance highways is a fairly good example of democratic decision-making resulting in the efficient level of output
a. True b. False
a
Economics
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Discrimination that results in minorities being paid less than whites for identical work would be an example of which explanation for wage differentials?
A. Noncompeting groups B. Compensating differences C. Market imperfections D. Principal-agent problems
Economics
The figure below shows a single consumer's demand for ice cream at the student union. An increase in the number of students on this campus would cause:
A. the market demand curve for ice cream from the student union to shift to the right. B. the demand curve shown above to shift to the right. C. the demand curve shown above to shift to the left. D. no change in the market demand curve for ice cream from the student union.
Economics