Which of the following companies was not founded by immigrants?
A. eBay
B. Google
C. Intel
D. Apple
D. Apple
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The long run is best defined as:
A. a period of time sufficiently long that at least one factor of production is fixed. B. the period of time between annual accounting reports. C. one year or more. D. a period of time sufficiently long that all factors of production are variable.
Which is NOT a legal reserve?
A. Vault cash B. Government securities C. Deposits at a Federal Reserve Bank
Negative externalities resulting from a coal-fired power plant would include
A. reduction of crime rates and accidents as a result of better lighting of streets. B. emissions of sulfur dioxide, a chemical that causes acid rain. C. profits to people other than the consumers of the electricity. D. creation of lower-cost electricity, which reduces profit.
The enormous budget deficits of 2009 through 2011 meant that the federal government was borrowing upwards of $1.5 trillion per year. If that borrowing had limited the ability of the private sector to get financial capital for its purposes, economists would call this
A. crowding out. B. forcing in. C. crowding in. D. forcing aside.