Transfer payments are
What will be an ideal response?
transfers of income from taxpayers to recipients who do not provide current goods and services for the payments.
Economics
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Which of the following displays these two characteristics: nonrivalry and nonexcludability in consumption?
A) public goods B) private goods C) quasi-public goods D) common resources
Economics
The percentage of all sales contributed by the leading four or leading eight firms in an industry is known as
A) a horizontal merger. B) a vertical merger. C) economies to scale. D) the concentration ratio.
Economics