_____ is embodied in the notion of a social welfare function
a. Progressivism
b. Socialism
c. Utilitarianism
d. Social insurance
c
Economics
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If you live in a state with a returnable deposit law and you decide to throw out your empty bottles and cans, chances are that someone down the line with a higher opportunity cost than you will find them and return them for deposits
a. True b. False
Economics
Which category of consumption spending tends to be the most stable over the business cycle? a. Nondurable consumer goods
b. Durable consumer goods. c. Services. d. all of these categories of consumer spending are highly unstable over the business cycle.
Economics