All of the following could be covered by patent protection except
A) a newly discovered Beethoven symphony.
B) a new variety of hybrid rose bush.
C) a hydrogen fuel cell engine.
D) a laser hair-removal device.
A
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Refer to Figure 13-4. In the figure above, AD1, LRAS1 and SRAS1 denote AD, LRAS and SRAS in year 1, while AD2, LRAS2 and SRAS2 denote AD, LRAS and SRAS in year 2
Given the economy is at point A in year 1, what is the actual growth rate in GDP in year 2? A) 2.5% B) 7.3% C) 8.0% D) 10.0%
Suppose you borrow $1,000 from your bank to pay for a bike. This is an example of
A) direct financing. B) indirect financing. C) moral hazard. D) transaction costs.
Wage discrimination means minority workers are paid unequal wages
a. True b. False Indicate whether the statement is true or false
Which of the following statements is true of confidence intervals?
A. Confidence intervals in a CLM are also referred to as point estimates. B. Confidence intervals in a CLM provide a range of likely values for the population parameter. C. Confidence intervals in a CLM do not depend on the degrees of freedom of a distribution. D. Confidence intervals in a CLM can be truly estimated when heteroskedasticity is present.