Which of the following is an example of an informal economic institution?
a. tipping
b. a credit union
c. a real estate office
d. a savings and loan institution

Using the factors of production to make one product always means that o .) a company may experience a shortage of materials o . )a nation can make more money o. ) it is possible to make too many of that product o. ) fewer resources are left to make something else

In a small, closed economy, national income (gdp) is $350 million for the current year. individuals have spent $100 million on the consumption of goods and services. they have paid a total of $60 million in taxes and the government has spent $75 million on goods and services this year. use this information and the national income identity to answer the questions. how much does the economy spend on investment?

Pj conducts an experimental study on the effects of soft music during high stakes science testing. he randomly assigns students at the school. in one condition he does not provide music for testing while in the other group he does provide the music. he administers a pretest at the beginning of the year and a posttest at the end of the year. pj’s design is best described as a: a. static group comparisonb. pretest-posttest control group designc. control-group-time-series designd. nonrandomized control-group pretest-posttest design