Which of the following is not considered an economic resource?
A. Real estate
B. A personal relationship
C. Cash
D. These are all examples of a resource.
D. These are all examples of a resource.
Economics
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If the government implements a price ceiling on insulin, this will have all of the following effects on the market for insulin except
A) an increase in deadweight loss. B) a decrease in producer surplus. C) a more efficient equilibrium. D) a decrease in economic surplus.
Economics
A decrease in the riskiness of corporate bonds will ________ the price of corporate bonds and ________ the price of Treasury bonds, everything else held constant
A) increase; increase B) reduce; reduce C) reduce; increase D) increase; reduce
Economics