Nonexcludability, in the case of rival goods, causes:

A. inefficiently low demand.
B. efficient, high demand.
C. efficient, low demand.
D. inefficiently high demand.

Answer: D

Economics

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In the traditional Keynesian model, a tax cut

A) causes the C + I + G + X line to shift upward. B) causes the C + I + G + X line to shift downward. C) causes a movement along the C + I + G + X line. D) does not affect the C + I + G + X line.

Economics

Enhanced Computers specializes in rebuilding computers. Recently reorganized into geographic divisions, the Southern division headed by Dan Unowsky is outperforming the other divisions in sales and profits. However, corporate executives have noticed that Unowsky no longer sends refurbished computers to other divisions, and he has instituted special warranties and pricing systems unavailable in the rest of the company. Should Unowsky be promoted or fired?

What will be an ideal response?

Economics