Federal spending on defense comes to about _____ per person in the United States.
A. $1,000
B. $1,900
C. $2,700
D. $3,500
C. $2,700
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During the last part of the 19th century, which factor contributed to the lag in railroad construction in the Southeast and Southwest?
A. Sparseness of population B. War-induced poverty C. Coastal shipping. D. All of the above are correct.
The best combination of inputs at one level of production may not be best at other levels.
Answer the following statement true (T) or false (F)
Suppose that nominal GDP in year 1 is 200 and nominal GDP in year 2 is 242. Assume that inflation is ten percent per year. How fast did the economy grow between these two years?
A. 10 percent B. 12 percent C. 21 percent D. 42 percent
The Federal court case against Microsoft, filed in 1998, was based on the:
A. Clayton Act B. Sherman Act C. Equal Employment Opportunities Act D. Federal Trade Commission Act