If there is an improvement in the technology used to produce a good, then the supply curve for that good will shift to the left
a. True
b. False
Indicate whether the statement is true or false
False
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The government tries to protect the competitive economic system by passing and enforcing
A) price controls. B) tariff legislation. C) antitrust laws. D) building codes and zoning laws.
Answer the following statement(s) true (T) or false (F)
1. The price of a bond can be expressed as its Face Value minus its Discount. 2. A dividend is the amount of money a shareholder is paid (per share) at years end. 3. A representative agent is someone that acts as a proxy for an investor during corporate votes. 4. If marginal costs are significant, then the price of an exhaustible resource grows at the rate of interest.
The majority of people with private health insurance get it
A. in groups. B. individually. C. along with one other person. D. at the grocery store.
In 2014 , the U.S. GDP accounts for ________ of world output
A) 20% B) 23% C) 45% D) 50%