People over age 65 have higher poverty rates than those under age 18
Indicate whether the statement is true or false
F
Economics
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Higgs (1971) finds evidence to suggest that railroads did take advantage of farmers before 1896
Indicate whether the statement is true or false
Economics
Suppose Enid could increase her total utility by purchasing one more book and one less video rental. Which of the following is true?
a. The marginal utility of video rentals exceeds the marginal utility of books. b. The marginal utility of books exceeds the marginal utility of video rentals. c. The marginal utility of video rentals is negative. d. The marginal utility per dollar spent on books exceeds that of video rentals. e. Total utility is at a maximum.
Economics