The absolute value of the slope of the indifference curve given the law of diminishing marginal rate of substitution:

A. is different.
B. declines as one moves to the right.
C. is constant.
D. increases as one moves to the right.


Answer: B

Economics

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An increase in the interest rate will cause

A) planned investment spending to increase. B) planned investment spending to decrease. C) the investment function to shift out. D) the investment function to shift in.

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Which of the following is an example of entrepreneurship?

A) a student who produces and sells t-shirts at a football game B) all of the above C) an employee who figures out how to make her services more valuable to the business for which she works D) a 15-year old who operates a lemonade stand during hot summer days

Economics

The ________ directs the organization's goals, objectives, and budgets. He/she oversees the investment of funds and manages associated risks, supervises cash management activities, executes capital-raising strategies to support a firm's expansion, and deals with mergers and acquisitions.

A. chief executive officer B. chief financial officer C. chief operating officer D. chief accounting officer

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The US laws dealing with original works of authorship allow the US Copyright Office to enforce protection for all but one of the following. Which one is it?

A. contemporary sculptures B. pantomimic works C. ancient Bible texts D. contemporary paintings

Economics