"Crowding out" refers to ...
Select one:
a. reduced exports due to rising exchange rates.
b. supply-side tax cuts reducing entitlement spending.
c. reduced consumption due to increases in marginal tax rates.
d. a reduction in the availability of private capital.
d. a reduction in the availability of private capital.
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The primary goal of a business firm is to
A) promote fairness. B) make a quality product. C) promote workforce job satisfaction. D) maximize profit. E) increase its production.
Most corporate bond trading takes place on the
A) New York Stock Exchange. B) over-the-counter market. C) Pacific Stock Exchange. D) Nasdaq.
The monopolist is always constrained by:
A. the amount demanders are willing to buy at any given price. B. his production capacity. C. the barriers to entry. D. government regulation.
When did the government address auto emissions by requiring new cars to be fitted with catalytic converters?
a. 1945 b. 1970 c. 1984 d. 2012