In present value, if 140 delayed utils are only worth 70 utils now, the discount weight must be equal to ________
A) 1/2
B) 1/8
C) 1
D) 2
A
Economics
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Recall the Application. If country A has a lower overall income tax rate than country B, and labor can freely and easily move between the two countries, ________ in country A will tend to ________
A) labor demand; decrease B) labor supply; decrease C) labor demand; increase D) labor supply; increase
Economics
What's the most efficient way to get from New York to L.A.?
A) By plane B) By train C) By automobile D) By foot E) Any of the above might be, depending on one's circumstances.
Economics