Question 312 pts

If the level of incomes rises for high-income workers but doesn't change for low-income workers,

Group of answer choices

A. then poverty will not change and inequality will fall.

B. then poverty will not change and inequality will rise.

C. then poverty will rise and inequality will fall.

D. then poverty will fall and inequality will rise.

Flag question: Question 32Question 322 pts

Measuring economic inequality involves comparing those with _________________________.

Group of answer choices

A. high incomes and those below the poverty line

B. high incomes and those with low incomes

C. high incomes middle incomes, and low incomes

D. high incomes and those near the poverty line

Flag question: Question 33Question 332 pts

A ________________ operates directly between a saver with financial assets to invest and an entity who will receive those assets in exchange for paying a ________________ .

Group of answer choices

A. public company; higher rate of interest

A. public company; higher rate of interest

C. private company; higher rate of interest

D. stock market; rate of return

Flag question: Question 34Question 342 pts

Why would a large publicly traded corporation likely prefer issuing bonds as a way to raise new money as opposed to issuing more shares?

Group of answer choices

A. the rate of return the corporation promised will be more difficult to deliver

B. more shares will dilute the existing value of the stock, causing its market price to fall

C. the market will view the new share issue as a sign the company is in financial difficulty

D. issuing bonds is a more secure method for corporations to raise needed money

Flag question: Question 35Question 352 pts

If pollutants are emitted into the air and water, what costs might be incurred as a result?

Group of answer choices

A. compromised recreation possibilities

B. decreased property values

C. loss from destruction of wildlife habitat

D. health injuries and all of the above

Flag question: Question 36Question 362 pts

A pollution charge gives the trucking industry an incentive to reduce its emissions, as long as the ______________________ of reducing the emissions is ______________________.

Group of answer choices

A. total cost; less than the tax

B. total cost; equal to the social cost

C. marginal cost; less than the tax

D. marginal cost; equal to the social cost

Flag question: Question 37Question 372 pts

Which of the following would most likely be recognized as a defining characteristic of a public good?

Group of answer choices

A. the good is nonrivalrous item

B. the good is nonexcludable item

C. the good is both a and b above

D. the good is a separate and identifiable item

Flag question: Question 38Question 382 pts

When it is costly or impossible to exclude someone who hasn't paid to use a particular good from using it, then that good is classified as being

Group of answer choices

A. unexcludable

B. free rider

C. public good

D. nonexcludable

Flag question: Question 39Question 392 pts

As a result of the American workers' ability to sell their labor though a union, profit-making firms must pay wages

Group of answer choices

A. exceeding the wage those firms would otherwise have negotiated with or paid to individual workers.

B. at the intersection of the demand for and supply of labor curves.

C. below the equilibrium wage level those firms would otherwise be able to pay.

D. that match the preferred equilibrium wage these firms have selected.

Flag question: Question 40Question 402 pts

The absence of which of the following best explains why government agencies are slower to correct mistakes than private firms.

Group of answer choices

A. imperfect information

B. discrimination in wealth distribution

C. monopoly over the economy

D. competition or a threat of new entry