One desirable aspect of having multiple levels of government is that numerous small governments _____
a. leads to a prisoners' dilemma
b. allows for the possibility of intergovernmental competition
c. affect the optimal size of the sharing group
d. demonstrate how effective the federal government is at what it does
b
Economics
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Potential GDP measures the capacity of the economy in terms of the actual goods and services to be produced
Indicate whether the statement is true or false
Economics
Kristi and Rebecca sell lemonade on the corner for $0.50 per cup. It costs them $0.10 to make each cup. On a certain day, their producer surplus is $20 . How many cups did Kristi and Rebecca sell?
a. 40. b. 200. c. 8. d. 50.
Economics