Which of the following is true? a. Families are getting bigger, across most populations b. The U.S. is growing older, median age is rising c. Minority groups are slowing down, getting smaller d. There are 59 federally recognized Indian tribes in the United States ANSWER B
Date: September 9th, 2020
A way to look at population is by density. Which of the following states is the least densely populated? a. Rhode Island b. New York c. Alaska d. New Jersey ANSWER C
Date: September 9th, 2020
It is possible for a tax to “internalize” an externality. Indicate whether the statement is true or false ANSWER T A tax can confront the cause of an externality, say one who pollutes the air, with the costs of that pollution, and thus induce efficient decisions.
Date: September 9th, 2020
The fastest growing minoritygroup in the United States is ____________. a. African American b. Asian American c. Hispanic/Latino d. Native American ANSWER C
Date: September 9th, 2020
Asymmetric information can cause a market to go out of existence. Indicate whether the statement is true or false ANSWER T It is possible for higher quality products or services to leave the market, because they are unable to receive adequate payments when buyers do not know of their higher quality, until only low […]
Date: September 9th, 2020
The technical term for changing residences is _____________. a. Mobility b. Fertility c. Immigration d. Adaptation ANSWER A
Date: September 9th, 2020
A warranty can help to overcome asymmetric information. Indicate whether the statement is true or false ANSWER T A seller’s promise to replace a poorly performing product may be enough to win sales.
Date: September 9th, 2020
When adult children return to their parents’ home to live, it is called: a. Boomeranging b. Cocooning c. Burnout d. Adaptation ANSWER A
Date: September 9th, 2020
Fairness legislation protects all workers from unfairly being fired. Indicate whether the statement is true or false ANSWER F Only protected classes of workers cannot be fired unfairly.
Date: September 9th, 2020
Very low income families may feel despair or pessimism about their future and feel they have little control over their lives. This perspective is called: a. Spiraling b. Fatalism c. Random disorder d. Depression ANSWER B
Date: September 9th, 2020
