A highway is a public good _____
a. if it is free
b. if it is publicly run
c. if it is uncongested
d. if drivers cannot be excluded from driving on it
c
Economics
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Who would the BLS count as unemployed? The person who
A) searches for a job after retiring from the military. B) quits work and intends to stay at home raising his kids. C) was fired from work and decides to attend college full time rather than seek work. D) is dissatisfied with her present job and spends hours reading the help-wanted ads.
Economics
People maximize utility when they make the choices that provide the highest level of satisfaction
a. True b. False Indicate whether the statement is true or false
Economics