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Questions tagged 'Economics'

47 questions

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Anonymous

Dec 24, 2024

(Economics) One drawback to consumer-protection regulations is that they lead to what?

One potential drawback of consumer protection regulations is that they can lead to which of the following outcomes? A. A recession B. Increased taxation C. A budget deficit D. Higher prices

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Anonymous

Dec 24, 2024

Classify the statements below as either true or false.?

Classify the statements below as either true or false: 1) Airlines are often able to practice price discrimination. 2) Perfect price discrimination occurs when perfectly competitive firms charge diffe...

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Anonymous

Dec 23, 2024

Anything called money will be large and heavy easy to create scarce backed by gold

Is it true that anything referred to as money must be large, heavy, easy to create, scarce, and backed by gold?

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Anonymous

Dec 19, 2024

Suppose the demand for artichokes (Qa) given as Qa=120-P. a) What is the price elasticity of demand?

Suppose the demand for artichokes (Qa) is represented by the equation Qa = 120 - P. a) What is the price elasticity of demand for artichokes? b) If the price of Qa is increased from $10, how will thi...

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Anonymous

Dec 19, 2024

Which of the following accurately describes one way that individual goods differ from public goods?

Which of the following statements accurately describes a key difference between individual goods and public goods? a. People can be excluded from using individual goods if they do not pay for them. b....

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Anonymous

Dec 15, 2024

In order for mutually beneficial trade to occur between two otherwise isolated nations:

What conditions must be met for mutually beneficial trade to take place between two otherwise isolated nations?

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Anonymous

Dec 07, 2024

Which of the following is true about the market supply curve for hockey players? ?

Which of the following statements about the market supply curve for hockey players is true? The market supply curve is positively sloped, indicating that lower salaries would discourage some athlete...

Assume these securities are correctly priced. Based on the CAPM, what is the return on the market?

Assuming that these securities are correctly priced, what is the expected return on the market according to the Capital Asset Pricing Model (CAPM)?

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Rocky Beier

Dec 03, 2024

A balanced economy generally has which economic stance?

A balanced economy typically exhibits which of the following economic stances? 1. Expansionary 2. Contractionary 3. Neutral 4. Exceptionary