The inflow of foreign investment into the United States
A. Signals a lack of confidence in the U.S. economy.
B. Diminishes production possibilities for the United States.
C. Stimulates more economic growth for the United States.
D. Has no effect on the U.S. economy.
Answer: C
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Wages are paid to ________ and interest is paid to ________
A) entrepreneurs; capital B) labor; capital C) labor; land D) entrepreneurs; land E) labor; entrepreneurs
The table above gives Cathy's total utility from Mt. Dew. If the price of a Mt. Dew is $2, Cathy's marginal utility per dollar from the 3rd Mt. Dew is ________ units per dollar
A) 20 B) 10 C) 32.5 D) 40
In the above figure, real GDP at full employment is
A) $16 trillion. B) $16.5 trillion. C) more than $16 and less than $16.5 trillion. D) None of the above answers is correct.
A monopolist's average revenue is always
a. equal to marginal revenue. b. greater than the price of its product. c. equal to the price of its product. d. less than the price of its product.