Which of the following is not a bias voters have about economics? O A. anti-American bias OB. anti-market bias OC. make work bias OD, anti-foreign bias

what specific educational reforms should be made to ensure that thepoor and middle-income students would have a greater chance to be admitted in thestate universities and colleges in the country?

Which of the following statements is NOT correct? Select one: O a. If poverty was eliminated there would be no reason to study economics. O b. Economics is a behavioral science. O c. Economic analysis can be used to explain how both individuals and societies make decisions O d. In large measure, economics is the study of how people make choices.

1. Ecomaries in : A. the study of markels for toK2 and bonds. B. the study of choie undea tondibón of starity C. exclusively the study of business, birrns D. fundamentally the same as sociology 2. The opportunity cost of any adhm is: A. All possible altumalies fongone. B. the best altemative forgone c, the time reguired but net the monetany cost 3. Nlet benefde are maximjed when A. Manginal, Bendhit aquals manginal costs B. Manginal Binefit is greder than mavginal casts C. Marginal Benefct is egual to 3ero . D. Tatal benafit is greatir thom toal costs 1. Ouipat combindins beloo the produtim possibility frmtenl PPF) A. Could mdieale that some rlsonees are Unemployed, B, v unattamable. C. » better than Combinalions on the PPF D. mplis that toro mech capitat and not entugh labon gre being kaid 5. which of the Bollowing may slibt e PPF t the night ? A. A major blood B. New tednolagical break through that insreases produelirty resoures. C, Fall in quanlitis of esrwle D. None o3 the absve,…

Social scientists: want models that loo exactly like the real world O dont like to make predictions O like to build and test theories O don't believe that human behavior is predictable

Contror te PAS WI Word Kaya Mag Dnereena Maner Ceen Pacc Peuorposane e e cam Tra Bera LOaa crpaa DO Hecaco crpa DO Po Cp npoa Cpynypa ola Hepeo Cena Hosce Ynopaoas Paser Nepes Beb 0acs ara Macurab 100 Boccra pano no wmpe crpara Apyroe ooo ace anor D.2 anu J Uy Po loxasa Macuma C. 1, 3 and 4 only D. 1, 2, 3 and 4 8. One of the functions of finance is the redistribution function Statement 1. Finance redistributes only current year GDP and companies' net income, retained earnings and free cash flow Statement 2. The redistribution limited financial sources to be used in accordance with the priorities of social and economic development Statement 1 Statement 2 A. True False B. False True C. True True D. False False

Suppose that the government has raised by $10 a per-carat tax rate it imposes on diamonds in an effort to influence production of this particular good by each of the firms that produce it and purchases by individual consumers. Would we apply microeconomic or macroeconomic analysis to analyze this policy action? A. We would apply macroeconomic analysis because this policy action would affect decision making undertaken by individuals (or households) and by firms OB. We would apply macroeconomic analysis because this policy action would affect the behavior of the economy as a whole. OC. We would apply microeconomic analysis because this policy action would affect the behavior of the economy as a whole. OD. We would apply microeconomic analysis because this policy action would affect decision making undertaken by individuals (or households) and by firms.

Would an op-ed piece in a newspaper urging the adoption of a particular economic policy be a positive or normative statement?

nvellu Xl.com/Student/PlayerHomework.aspx?homeworkld=611294898&questionld=8&flushed%3Dfalse ITMG 1B Econ 2100 Homework: Basics ... Question 8, 1.1 Question... HW Scor > O Point: nic The problem of scarcity O A. can be solved in a market economy. O B. exists because the unlimited human wants cannot be satisfied with limited resources. O C. would disappear if there were no market failures. O D. exists because the limited human wants cannot be satisfied with available resources. O E. always results in shortages of some goods.

A possible headline from the local media is: "The government should ban hand guns" This headline provides an example of a O A. normative statement about a microeconomic issue O B. non-economic positive statement O C. positive statement about a macroeconomic issue O D. positive statement about a microeconomic issue O E. non-economic normative statement