For a snow-removal business, the capital stock would include inputs such as snow blowers and shovels
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
In 2011, real GDP in the United States was $60 per hour worked. In major European economies, real GDP averaged on $48 per hour worked. This difference is explained by the points that ________ and ________
A) Americans work the same number of hours per week as Europeans on average; Americans are less productive due to technology differences B) Americans are equally as productive as Europeans; Americans work more hours on average C) Americans take more vacations than Europeans; Americans take more sick days than Europeans D) Americans work more hours than Europeans; Americans produce more per hour than Europeans E) Americans work less hours than Europeans; Americans take less sick days than Europeans
What is the "chicken tax" and why did it come into existence?
What will be an ideal response?
Many golf courses charge members an annual membership fee as well as a fee each time they golf. One reason for this is
A) charging both fees allows the courses to transfer more producer surplus into profit than charging only an admission fee. B) golf courses do not want their members to overuse their fairways. Charging for each round of golf played reduces fairway maintenance costs. C) research has shown that charging both fees increases the likelihood that golfers will renew their memberships. D) charging both fees allows the courses to transfer more consumer surplus into profit than charging only an admission fee.
The Consumer Financial Protection Bureau is part of the
A) Treasury Department B) Federal Reserve System C) Justice Department D) Commerce Department