The number of vehicle types available in the United States has increased dramatically over the past thirty years. Everything else equal, this would make
A) the demand for individual vehicle types to become less elastic.
B) the demand for individual vehicle types to become more elastic.
C) the demand for all vehicle types to become unitary elastic.
D) the demand for low quality vehicle types to become less elastic.
B
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If unrealized capital gains are not taxed, then individuals _____
a. have no incentive to own assets that are going to appreciate in value b. have little incentive to own assets that are going to appreciate in value c. have strong incentive to own assets that are going to appreciate in value d. have incentives to not sell assets that have appreciated in value
The new $20 bills were designed with features to make counterfeiting more difficult
a. True b. False Indicate whether the statement is true or false
Which word best completes the following sentence? A rational decisionmaker always chooses the option for which marginal benefit is ________ marginal cost
a. equal to b. less than c. more than d. unrelated to
Foreign direct investment is any investment made in a country by residents outside that country.
Answer the following statement true (T) or false (F)