Which of the following would be most likely to increase the demand for downtown parking in a large city?
a. improved bus service to the downtown area
b. lower downtown parking fees
c. more downtown parking lots
d. more freeways leading to the downtown area
e. a major employer moves to the suburbs
D
Economics
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The opportunity cost of 1 wristwatch is 4 wall clocks in Japan and 2 wall clocks in Germany. If the nations split the difference between the willingness to pay and the willingness to accept, the terms of trade are 3 wristwatches per wall clock
Indicate whether the statement is true or false
Economics
What are the voting rules followed by the political system as opposed to the market system?
What will be an ideal response?
Economics