Where is testosterone produced?
A. Ejaculatory ducts
B. Prostate gland
C. Seminal vesicles
D. Testes
Answer: D. Testes
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Typically in countries with lower levels of real GDP person, a smaller percentage of the population is literate
a. True b. False Indicate whether the statement is true or false
Economists believe the free rider problem is very important in complex business organizational structures. Still, businesses continue to build teams to solve problems or to deliver products to consumers. Often special rewards or bonuses are provided to the team rather than to the individuals in the team. Write a brief essay that either defends the economists' concern or explains why economists are wrong on this issue.
What will be an ideal response?
According to liquidity preference theory, a decrease in the price level causes the interest rate to
a. increase, which increases the quantity of goods and services demanded. b. increase, which decreases the quantity of goods and services demanded. c. decrease, which increases the quantity of goods and services demanded. d. decrease, which decreases the quantity of goods and services demanded.
Jack has a ticket to see the Foo Fighters for which he paid $30 yesterday. He takes an unpaid day off from work to get ready for the concert. When he arrives at the concert, five different people offer him $70 for his ticket. Jack decides to keep his ticket. At the time he makes this decision, his opportunity cost of seeing the Foo Fighters is:
A. $40. B. $70. C. $70 plus his foregone earnings. D. $30 plus his foregone earnings.