Jay Sorensen, who invented the Java Jacket, earned profits as
A. a risk taker.
B. an innovator.
C. both a risk taker and an innovator.
D. neither a risk taker nor an innovator.
C. both a risk taker and an innovator.
You might also like to view...
If the quantity of money grows at 4 percent a year, velocity grows at 2 percent, and real GDP grows at 2 percent a year, then the inflation rate equals
A) 0 percent. B) 8 percent. C) 4 percent. D) 2 percent. E) 6 percent.
The default risk premium is measured
A) by an index published monthly by the Securities and Exchange Commission. B) by an index published monthly by The Wall Street Journal. C) as the difference between the yield on a non-Treasury security and the yield on a U.S. Treasury security of the same maturity. D) as the difference between the nominal yield on the security and the real after-tax yield on the security.
The Keynesian labor supply function is shown as
a. Ns = g(W/P). b. Ns = g(P/W). c. Ns = t(W/Pe). d. Ns = t(Pe/W).
New classical economists advocate less government intervention than the new Keynesian school of thought
a. True b. False Indicate whether the statement is true or false