Capital inflows are debits and capital outflows are credits.
Answer the following statement true (T) or false (F)
False
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If absolute property rights to an endangered resource are granted to someone who inefficiently manages the resource, explain what the Coase theorem predicts will happen to that resource
What will be an ideal response?
Money is an imperfect store of value when
A. the rate of inflation is high. B. the unemployment rate is high. C. gold prices are falling. D. businesses are failing due to bankruptcy.
Discrimination in the workforce
A. is due primarily to employees and not employers or consumers. B. leads to inefficiency. C. never leads to higher utility. D. is due primarily to consumers and not employers or employees. E. does not exist.
Which is not a form of product differentiation for the monopolistically competitive firm?
A. Brand names and trademarks. B. Location and accessibility. C. Standard weekday and weekend hours. D. Promotion and packaging.