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Which of the following might a government provide as part of a safety net for the people? A. general elections every four years B. unemployment compensation C. a strong military defense D. regulation of commerce
Weegy: Which of the following does a government provide as part of a safety net for the people? B. unemployment compensation. (More)
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Asked 5/24/2013 9:16:01 AM
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Which of the following is an example of changing physical capital? A. hiring more workers to do a job B. building extra space in a factory C. switching to cheaper fuel D. lowering workers’ wages
Weegy: B. building extra space in a factory is an example of changing physical capital. [smile] Source: User: Working where we want to is an example of which economic goal? A. economic freedom B. economic growth C. economic security D. economic equity Weegy: The answer is letter A. economic freedom. User: What line on a production possibilities curve shows the amounts of goods produced? A. production possibilities frontier B. opportunity cost line C. utilization of resources D. maximum possible production line Weegy: The answer is letter A. production possibilities frontier. (More)
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Asked 5/24/2013 9:20:44 AM
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A major characteristic of monopolistic competition is that prices will be A. higher than in perfect competition. B. lower than in perfect competition. C. higher than in a true monopoly. D. unrelated to the type of competition.
Weegy: A. higher than in perfect competition. User: A writer should avoid plagiarism because she may A. be banned from writing any more works. B. be tried as a criminal. C. be sued for fraud. D. have to make a public apology. Weegy: C. be sued for fraud. User: Big Road Inc., a private company, is hired to build and run a state’s entire road system. The company charges high fees to use its roads. It maintains the roads only in heavily populated areas. Which of the following describes this project? A. positive externality B. public good C. market failure D. negative externality Weegy: C. is correct answer, It is a monopoly, therefore market failure. User: Milk is considered a commodity because it is which of the following? A. bought in many different ways B. an inexpensive product C. the same no matter who sells it D. an agricultural product Weegy: C. the same no matter who sells it User: Why does a perfectly competitive market require many buyers and sellers? A. because products must be uniform B. so no individual can control the price C. so buyers and sellers are both informed D. to maintain quality over the goods Weegy: a perfectly competitive market require many buyers and sellers B. so no individual can control the price User: Why does a perfectly competitive market require many buyers and sellers? A. because products must be uniform B. so no individual can control the price C. so buyers and sellers are both informed D. to maintain quality over the goods Weegy: a perfectly competitive market require many buyers and sellers B. so no individual can control the price User: Advances in technology have reduced the cost of manufacturing MP3 players. If demand does not change, A. more MP3 players will be sold at a higher price. B. fewer MP3 players will be sold at a higher price. C. more MP3 players will be sold at a lower price. D. ... (More)
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Asked 5/25/2013 12:35:57 PM
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How do price changes drive markets toward equilibrium? A. They set new price floors and ceilings. B. They increase or decrease supply or demand. C. They ensure that prices are fair. D. They prevent inflation or deflation.
Weegy: It affects B the most. User: Which of the following programs was President Roosevelt establishing when he spoke these words? A. Temporary Assistance for Needy Families B. Social Security C. War on Poverty D. The New Deal Weegy: ... The original program was part of President Franklin D. Roosevelt's New Deal plan ... Temporary Assistance for Needy Families; ... [ Of these two, Social Security is ... [ - See more at: ] User: How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competitive market? A. The price is higher. B. The price is lower. C. The prices cannot be compared. D. The prices are the same. Weegy: A. The price is higher. User: In what way does the Bill of Rights protect individuals’ freedom to engage in business activities? A. It recognizes property rights. B. It denies the government the ability to regulate commerce. C. It provides free contracts. D. It provides each industry with a competitive edge. Weegy: The Bill of Rights protects individuals freedom to engage in business activities by providing free contracts. User: You read an article in a news magazine that explains how the economy expanded for several years, and then went into a period of contraction. What is the main subject of this article? A. poverty B. microeconomics C. the business cycle D. voluntary exchange Weegy: You read an article in a news magazine that explains how the economy expanded for several years, and then went into a period of contraction. What is the main subject of this article? C. the business cycle (More)
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Asked 5/25/2013 12:46:16 PM
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Suppose the market for the magazine is in equilibrium. Some students insist on raising the cover price by $1 and printing the same quantity. What is likely to happen? A. The demand for the magazine will go up. B. There will be a shortage of 150 magazines. C. There will be a surplus of 100 magazines. D. The surplus will be greater than their sales.
Weegy: Suppose the market for the magazine is in the equilibrium. Some students insist on raising the cover price by 1$ and printing the same quantity what is likely to happen C. [ There will be a surplus of 100 magazines. ] User: Why do public goods demonstrate the limitations of a free market economy? A. They allow consumers to make all of the economic decisions. B. They allow government to make some economic decisions. C. They allow governments to control most economic decisions. D. They prevent consumers from making economic decisions. Weegy: Why do public goods demonstrate the limitations of a free market economy? They allow government to make some economic decisions. User: How might a firm respond to a higher demand for its goods? A. limit its production B. raise prices C. cut prices D. increase advertising Weegy: How might a firm respond to a higher demand for its goods? B. raise prices User: When quantity demanded in a market is more than the quantity supplied, _____ occurs. A. a surplus B. an equilibrium C. a shortage D. a production possibility Weegy: When quantity demanded in a market is more than the quantity supplied, _____ occurs. C. a shortage User: Why does a government place price ceilings, such as rent control, on some “essential” goods? A. to prevent the development of a black market B. to encourage an increase in supply of necessary items C. to limit the impact of equilibrium pricing D. to help reduce demand for these goods Weegy: Why does a government place price ceilings, such as rent control, on some “essential” goods? to keep the goods from becoming too expensive. User: What happens to the equilibrium price when supply goes down? A. The price goes up. B. The price goes down. C. The price stays the same. D. The price goes up, and then goes down. Weegy: What happens to the equilibrium price when supply goes down? A. ... (More)
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Asked 5/25/2013 1:08:06 PM
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