Federal deposit insurance in the United States began in
A) 1864.
B) 1933.
C) 1968.
D) 1984.
B
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Which of the following is an advantage to society of monopolistic competition?
A) production at the lowest possible average cost B) product variety C) only essential costs are incurred D) long-run profitability E) The firms have excess capacity so they are are always willing to increase their production.
If the yen appreciates in value against the dollar, the dollar must have depreciated against the yen
Indicate whether the statement is true or false
An efficient allocation of resources requires each product's price to equal its marginal cost
a. True b. False Indicate whether the statement is true or false
Which of the following is true?
a. Tax rates do not influence economic growth. b. Countries with high marginal tax rates have generally had higher rates of economic growth than those with low tax rates. c. Countries with low marginal tax rates have generally had higher rates of economic growth than those with high tax rates. d. Countries that impose high marginal tax rates at low-income thresholds generally have high rates of economic growth.