Tag: Economics – Others

Between 1968 and 2019, income inequality in the United States:
remained unchanged
become less unequal
became greater

Education typically composes about ________ of the consumer price index (CPI).
Group of answer choices
3 percent
15 percent
20 percent
10 percent
5 percent

For a large country, tariffs can lead to welfare gains only if the terms of trade effect outweighs the reduction in trade volume.
Question 34
Answer
True
False

Question 23
The federal funds rate is the rate federal government pays when it borrows funds.◻ TrueFalse

Which type of experiment colfects data in the real world, without manipulating the subject of study?experimentalanecdotaltheoreticalobservationalrandomized

Financial incentives for managed care organizations promote their cooperation with public health initiatives that make their customers healthier.
True
False

A depository institution faced with withdrawal of a large quantity of demand deposits would have to Blank______ or Blank______ to pay the entire amount.

In an exponential utility function, a larger risk tolerance indicates the decision maker ismore risk averse.less risk averse.risk neutral.more optimistic.
ismore risk averse.
less risk averse.
risk neutral.
more optimistic.

In a 2008 case before the Supreme Court regarding older power plants and how best to protect fish and aquatic organisms, Justice David Souter remarked,

a firm can increase the total value it creates by either raising customers willingness to pay more or lowering suppliers and employees willingness to sell