What percentage of the new drugs introduced in the United States between 1940 and 1990 were discovered by U.S. firms?
a. 60
b. 30
c. 15
d. 75
e. 45
a. 60
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Compound interest is:
A. the payment of interest on the original deposit. B. the payment of interest on both the original deposit and all accumulated interest. C. the interest rate adjusted for the rate of inflation. D. the real rate of interest compounded by the rate of inflation.
If the interest rate on Japanese yen assets falls while interest rates in the United States remain constant, the
A) quantity of dollars demanded will increase. B) quantity of dollars demanded will decrease. C) demand for dollars will increase. D) demand for dollars will decrease.
The United States has a comparative advantage in producing cotton if the U.S. price of cotton before international trade is ________ the world price
A) less than B) equal to C) greater than D) not comparable to
Generally, marginal costs ____ as quantity increases?
A) rise. B) fall. C) remain constant. D) equal marginal benefits. E) equal total costs.