Information that is NOT available to the general public about what is happening in a corporation is
A) opportunity benefit.
B) limited liability.
C) economic rent.
D) inside information.
Answer: D
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A scatter plot:
A) is the same as a pie chart. B) shows how a variable changes across time. C) shows the relationship between two variables at a point in time. D) represents the frequency of a variable being observed.
Refer to Figure 5-1. The efficient equilibrium price is
A) $60. B) $50. C) $40. D) < $40.
If the multiplier is 4, equilibrium real GDP is $600 billion, and investment is $25 billion, what will happen if investment increases to $30 billion? Real GDP will:
a. increase to $605 billion b. decrease to $595 billion c. increase to $620 billion d. increase to $624 billion e. decrease to $580 billion
Unbalanced investment projects are largely responsible for the high concentration of wealth in poor countries
Indicate whether the statement is true or false