macro quiz - Government policies designed to promote...

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Government policies designed to promote efficiency: a. usually do so at the expense of equity. b. tend to cause the economy to grow more slowly. c. always fail. d. require very high taxes. status: correct (1.0) correct: a your answer: a feedback: Correct. -------------------------------------------------------------------------------- 2 All of the following can be considered a student's costs of going to college, EXCEPT: a. textbooks. b. tuition and fees. c. room and board (that costs her about the same as she was paying before entering college). d. the student's time, which can no longer be devoted to earning a salary. status: incorrect (0.0) correct: c your answer: b feedback: Incorrect. -------------------------------------------------------------------------------- 3 An airline's plane from Los Angeles to New York is about to take off, but it still has a few seats empty. If the average cost per seat is $500, what price should the airline charge passengers in standby to fill in those remaining seats? (Consider that quantitative decisions are made at the margin)
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This note was uploaded on 02/06/2012 for the course ECON 2106 taught by Professor Bergin during the Spring '09 term at College of the Mainland.

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macro quiz - Government policies designed to promote...

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