Multiple Choice
Most states have instituted mandatory seatbelt laws to reduce traffic fatalities.An economist may point out that an unintended effect of these laws is
A) an increase in the price of automobiles,further reducing fatalities.
B) an increase in driving speed,reducing the number of accidents.
C) a decrease in driving speed,further reducing fatalities.
D) an increase in risky driving behavior,increasing fatalities.
Correct Answer:
Verified
Correct Answer:
Verified
Q36: When economists speak of scarcity,they are referring
Q37: At the optimal or efficient level of
Q38: The question of how a tax change
Q39: If it is discovered that using drugs
Q40: Which of the following is least likely
Q42: According to economists,competition exists because of<br>A) scarcity.<br>B)
Q43: The coordinates of point A are 30
Q44: Entrepreneurship is<br>A) the talent for organizing the
Q45: In all cases,microeconomics deals with<br>A) what is.<br>B)
Q46: Which of the following statements is false?<br>A)