To attract more bidders, and more aggressive bidders, to your auction

a. withhold relevant information about the value of the object
b. don't allow bidders to know how others are bidding
c. allow potential bidders ample time to examine the object being sold
d. do not hold oral auctions

c

Economics

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Which of the following is not part of the "state health insurance marketplaces" provision of the Patient Protection and Affordable Care Act (ACA)?

A) Each state is required to establish an Affordable Insurance Exchange. B) Low-income individuals are eligible for tax credits to offset the costs of buying health insurance. C) Small businesses with fewer than 50 employees are exempt from being required to participate in the program. D) None of the above are a part of the "state health insurance marketplaces" provision.

Economics

Which of the following is true of leakages and injections in the circular flow model? a. Leakages minus injections equal gross domestic product (GDP)

b. Injections minus leakages equal gross domestic product (GDP). c. Leakages minus injections equal zero in equilibrium. d. Leakages must be less than injections for an economy to be in equilibrium. e. Leakages must be greater than injections for an economy to be growing.

Economics