Which of the following groups did Clinton target after his stimulus package failed in 1993?

a. High-income households
b. Low-income households
c. Foreign investors
d. Only industrial workers
e. Households with the lowest MPC

a

Economics

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Refer to Table 4-4. The table above lists the highest prices three consumers, Curly, Moe, and Larry, are willing to pay for a bottle of champagne. If the price of one of the bottles is $24 dollars

A) Curly will receive $26 of consumer surplus from buying one bottle. B) Larry will receive $15 of consumer surplus since he will buy no bottles. C) Curly will buy two bottles, Moe will buy one bottle and Larry will buy no bottles. D) Curly and Moe receive a total of $80 of consumer surplus from buying one bottle each. Larry will buy no bottles.

Economics

How does adverse selection affect the insurance market?

Economics