Taxes creates a wedge between the sales price and purchase price that prevents the price system equating and __?

Byadmin May 31, 2019September 11, 2021

Taxes creates a wedge between the sales price and purchase price that prevents the price system equating ____ and ______?

A. marginal costs, marginal benefits
B. demand, supply
C. marginal cost, marginal revenue
D. marginal cost, average cost

Economics Mcqs | Surplus

If a market generates a side effect or externlity then free market solutions ?

If a market generates a side effect or externlity then free market solutions ?

A. maximize producer surplus
B. are efficient
C. are inefficient
D. are equitable

Read More If a market generates a side effect or externlity then free market solutions ?
Economics Mcqs | Efficiency And The Public Interest | Markets

In terms of execution style a family seated at the dinner table enjoying the advertised product would be an example of which of the following types of advertising ?

In terms of execution style a family seated at the dinner table enjoying the advertised product would be an example of which of the following types of advertising ?

A. Slice of life
B. Lifestyle
C. Mood or imagery
D. Personality symbol

Read More In terms of execution style a family seated at the dinner table enjoying the advertised product would be an example of which of the following types of advertising ?
Economics Mcqs | Supply-Side Policies

According to supply-side economists, as tax rates are reduced, labor supply should increase. This implies that ?

According to supply-side economists, as tax rates are reduced, labor supply should increase. This implies that ?

A. there is no income effect when tax rates are changed
B. the income effect of a wage change is greater than the substitution effect of a wage change.
C. there is no substitution effect when tax rates are changed
D. the substitution effect of a wage change is greater than the income effect of a wage change

Read More According to supply-side economists, as tax rates are reduced, labor supply should increase. This implies that ?
Economics Mcqs | Sources of Comparative Advantage

The analyzes the income distribution effects of trade in the short run when resources are immobile among industries ?

The analyzes the income distribution effects of trade in the short run when resources are immobile among industries ?

A. Stolpher-Samuelson theory
B. factor endowment theory
C. specific factors theory
D. overlapg demand theory

Read More The analyzes the income distribution effects of trade in the short run when resources are immobile among industries ?
Economics Mcqs | Risks And Diversification & Efficient Market Hypothesis

If the efficient markets hypothesis is true, then ?

If the efficient markets hypothesis is true, then ?

A. s tend to be overvalued
B. the stock market is informationally efficient so prices should follow a random walk
C. All of these answers
D. fundamental analysis is a valuable tool for increasing one’s returns from investing in s

Read More If the efficient markets hypothesis is true, then ?
Economics Mcqs | Macroeconomic Issues and Analysis

If the US economy is forecast to come out of recession because military expenditure has increase then the exchange value of the UK pound will tend to ?

If the US economy is forecast to come out of recession because military expenditure has increase then the exchange value of the UK pound will tend to ?

A. depreciate
B. not be affected
C. fluctuate more than it would do therwise
D. appreciate

Read More If the US economy is forecast to come out of recession because military expenditure has increase then the exchange value of the UK pound will tend to ?

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