All of the following are cited as factors in explaining U.S. competitiveness EXCEPT
A) the open U.S. financial system.
B) economic restructuring.
C) investments in information technology.
D) the decline of entrepreneurship.
Answer: D
You might also like to view...
Explain the distinction between investment and capital.
What will be an ideal response?
Refer to Figure 4-7. The figure above represents the market for iced tea. Assume that this is a competitive market. If the price of iced tea is $1, what changes in the market would result in an economically efficient output?
A) The price would increase, the quantity supplied would increase, and the quantity demanded would decrease. B) The price would increase, quantity demanded would increase, and quantity supplied would decrease. C) The quantity supplied would increase, the quantity demanded would decrease, and the equilibrium price would increase. D) The price would increase, the demand would increase, and the supply would decrease.
Another word for elasticity is:
a. responsiveness. b. happiness. c. bonus d. profit. e. surplus.
By law, employers in the United States may not ask prospective female employees whether they plan to have babies. The existence of this law seems most likely to
a. increase the probability that firms will practice economic discrimination against women. b. decrease the probability that firms will practice economic discrimination against women. c. increase the probability that firms will practice statistical discrimination against women. d. decrease the probability that firms will practice statistical discrimination against women.