According to which of the following models are economic agents assumed to have perfect information?
a. The new classical model
b. The classical model
c. The monetarist model
d. The Keynesian model
B
Economics
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There are very few gasoline stations in the downtown areas of large cities basically because
A) it would be too dangerous. B) it would be an inefficient use of land for the land's owners. C) most people don't want to buy gasoline while they are downtown. D) zoning laws prohibit it.
Economics
If two goods are perfect complements, the shapes of the indifference curves are
A) bowed toward the origin. B) bowed away from the origin. C) straight lines. D) right-angled lines.
Economics