Welfare economics is the study of
a. taxes and subsidies.
b. how technology is best put to use in the production of goods and services.
c. government welfare programs for needy people.
d. how the allocation of resources affects economic well-being.
d
Economics
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(Consider This) Since 1990, U.S. immigrants have founded ____ of every _____ public companies financed by venture capital
A. 1; 4 B. 1; 3 C. 1; 2 D. 2; 5
Economics
When indifference curves have ________ marginal rates of substitution, any interior choice that satisfies the tangency condition is the best affordable choice.
A. constant B. increasing C. declining D. positive
Economics