Land, or natural resources, include(s) the fertility of the land, minerals below it, and________?
A, wind and sun
B. human resources
C. human capital resources
Answer: A, wind and sun
Economics
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The business owner will try to maximize
A. profit per unit of output. B. total profit. C. total revenue. D. output.
Economics
William Safire argues that a unilateral free trade policy is a disaster if
A. the governments of the nations’ trading partners practice “helpfulism.” B. infant industries are allowed to expire. C. the national defense is endangered. D. it hurts the poor.
Economics
Patents create monopolies by restricting
A) demand. B) prices. C) entry. D) profit.
Economics
The process by which simultaneous withdrawals by a particular bank's depositors results in the bank closing is known as a
A) contagion. B) bank run. C) financial crisis. D) bank panic.
Economics