The United States has not had a surplus in the last 30 years.
A. True
B. False
C. Uncertain
B. False
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U.S. capital at the end of 2012 equals U.S. capital at the beginning of 2012 plus
A) gross investment during 2012. B) net investment during 2012. C) nothing, because capital can't change in just one year. D) gross investment during 2012 minus net investment in 2012. E) depreciation during 2012 minus gross investment during 2012.
Under British rule, colonists were considered British subjects and had most of the same rights of British citizens
Indicate whether the statement is true or false
What defines a monopsony?
a. quantity of labor b. wage equilibrium c. minimum wage d. number of buyers
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, as the economy moves from Point A to Point E, the opportunity cost of motorcycles, measured in terms of hybrid cars
A. remains constant. B. decreases. C. initially increases, then decreases. D. increases.