A corporation can raise funds by
a. selling stock in the corporation.
b. issuing bonds.
c. borrowing from the bank.
d. All of these.
d. All of these.
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Immigrant entrepreneurs have founded what portion of semiconductor, computer/communication, and software companies in the U.S.?
A. 5% - 10% B. 10% - 20% C. 20% - 25% D. 25% - 35%
The long-run aggregate supply curve represents the level of output possible if the economy:
A. has a zero inflation rate. B. has no structural unemployment. C. is operating at full capacity. D. is operating at an unemployment rate of zero.
Answer the following statement true (T) or false (F)
1) In maximizing profit, a firm will always produce that output where total revenues are at a maximum. 2) In the short run, a competitive firm will always choose to shut down if product price is less than the lowest attainable average total cost. 3) A competitive firm will produce in the short run so long as its price exceeds its average fixed cost. 4) The short-run supply curve slopes upward because producers must be compensated for rising marginal costs.
U.S. casinos employ about ________ people.
A. 10 million B. 340,000 C. 37,000 D. 1 million