All of the following are ways in which government can promote economic development except
a. encouraging foreign direct investment
b. nationalizing industries to create efficiency
c. encouraging competition
d. providing an infrastructure
e. promoting saving and investment
B
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The monetary base consists of
A) currency in circulation and Federal Reserve notes. B) currency in circulation and the U.S. Treasury's monetary liabilities. C) currency in circulation and reserves. D) reserves and Federal Reserve Notes.
Marginal utility is always a positive number
Indicate whether the statement is true or false
Tina walks into Ted's sporting goods store and buys a punching bag for $100. That $100 payment counts as _______________ for Tina and _______________ for Ted.
Fill in the blank(s) with the appropriate word(s).
In a perfectly competitive industry, the firm's demand curve is
What will be an ideal response?