The _____________ received funding from the federal government and two states
a. Chesapeake and Ohio Canal
b. Erie Canal
c. Pennsylvania Mainline Canal
d. Cumberland and Oxford Canal
a. Chesapeake and Ohio Canal
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In the above figure, as the economy adjusts toward equilibrium, the
A) AD curve will shift rightward. B) SAS curve will shift rightward. C) AD curve will shift leftward. D) SAS curve will shift leftward.
Economies of scale will create a barrier to entry in an oligopoly industry when
A) a firm's minimum efficient scale occurs where long-run average total costs are constant. B) the typical firm's long-run average total cost curve reaches a minimum at a level of output that is a small fraction of total industry sales. C) the industry's four-firm concentration ratio is less than 40 percent. D) the typical firm's long-run average total cost curve reaches a minimum at a level of output that is a large fraction of total industry sales.
In 2009, global investors began to regain confidence in the financial system and reversed the flight to safety that had taken place during the depths of the financial crisis
Make use of a graph of the market for corporate bonds to show the impact on corporate bonds prices and yields.
Bob and Bill can make 16 toys each if they devote 8 working hours in a day. Further, Bob can repair 4 cars and Bill can repair 2 cars, if they devote 8 working hours in a day. What is the opportunity cost of repairing one car to Bill?
a. 10 toys b. 8 toys c. 16 toys d. 12 toys e. 4 toys