Google holds market power by all of the following strategies except
A. Exclusive dealings with advertisers.
B. Low pricing.
C. Elimination of search results for competitors.
D. Purchasing rivals.
Answer: B
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Bob's Funky T-shirts began the year with 1,000 shirts in inventory, produced 10,000 shirts during the year and ended the year with 1,100 shirts in inventory. The 100 shirts added to his inventory will be classified as
A) consumption expenditure. B) investment. C) net exports of goods and services. D) exports of goods and services. E) nondurable consumption goods.
How does a decrease in the tax rate on income earned on saving affect saving, investment, the interest rate, and economic growth?
What will be an ideal response?
The government, concerned about the wealth redistribution problem caused by the inequality of debt holdings, intervenes by
a. making a special effort to sell bonds to corporations b. creating a proportional income tax system c. sometimes instructing commercial banks to divest some of their bond holdings d. prohibiting the sale of bonds to the Federal Reserve e. limiting the purchase of bonds by foreigners
The negative slope of the value of marginal product curve is most easily explained by
a. tight labor markets. b. a surplus of workers. c. diminishing marginal product. d. diminishing marginal cost.