Education at a private university is NOT a pure public good because it is
A) nonrival.
B) excludable.
C) both nonrival and nonexcludable.
D) None of the above answers is correct.
B
Economics
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The tax multiplier equals the change in ________ divided by the change in ________
A) consumption spending; taxes B) taxes; consumption spending C) taxes; equilibrium real GDP D) equilibrium real GDP; taxes
Economics
A firm faces the following relationship between the real wage it pays and the effort exerted by its workers. The marginal product of labor for this firm is given by MPN = E (100 - N)/9. How many workers will the firm employ?
A) 96 B) 92 C) 88 D) 80
Economics