The measure of a firm's capital stock is the ________ its plant, equipment, inventories, and intangible assets.
A. value it paid for
B. current market value of
C. quantity of
D. depreciable value of
Answer: B
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In the last three decades of the 19th century, the long-run supply track of farm prices
(a) indicates a decline in farm prices due to a slowly increasing demand and a more rapidly increasing supply. (b) indicates a decline in farm prices due to a slowly increasing supply and a more rapidly increasing demand. (c) indicates an increase in farm prices due to a slowly increasing supply and a more rapidly increasing demand. (d) indicates relatively constant prices due to the fact that supply and demand were both increasing at about the same rate.
Which of the following does NOT cause a rightward shift in the supply curve?
A) a reduction in resource costs B) an increase in technology C) a reduction in the price of the good D) a reduction in the expected future price of the good
Which type of unemployment is most closely connected with the saying "you can't teach an old dog new tricks"?
a. Cyclical. b. Frictional. c. Structural. d. Voluntary. e. Seasonal.
The rich receive _____ all property income.
A. nearly B. about one-half of C. about one-quarter of D. a very small percentage of