One benefit of U.S. society that helped foster entrepreneurship was free public high school education

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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The World Bank uses two thresholds for assessing global poverty: either $1 or $2 per day, based on 1985 prices

Indicate whether the statement is true or false

Economics

Assuming that resources are specialized, the opportunity cost of an item increases as production of it rises. Therefore, we expect that firms will produce more if

a. the price increases. b. the price decreases. c. the opportunity cost is greater than the price. d. government asks firms to produce more. e. the income of buyers increases.

Economics