Which of the following presidents is remembered for his role in championing American conservation legislation?
a. Warren G. Harding
b. Abraham Lincoln
c. Ulysses S. Grant
d. Theodore Roosevelt
d. Theodore Roosevelt
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A corporation's market capitalization is best described as
A) the total value of its stocks and bonds. B) the total value of its common and preferred stock. C) its total profit for a particular year. D) its average profit over a period of years.
By the permanent-income hypothesis, the MPC of transitory income is
A) k. B) j. C) kj. D) k - j. E) 0.
When the Fed conducts open-market operations, it primarily uses
a. Treasury bills. b. long-term U.S. government bonds. c. bonds of publicly traded corporations. d. overnight loans of major banks.
When large oligopolistic firms negotiate with the unions of their employees, the resulting bargaining process closely resembles
A. perfect competition. B. a dual labor market. C. monopolistic competition. D. bilateral monopoly.