Unionism is much more prevalent in the United States than in other industrialized countries
a. True
b. False
Indicate whether the statement is true or false
False
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Money is created by
A) government taxation. B) banks taking in deposits. C) banks making loans. D) banks paying for depositor's insurance.
The tables above show the marginal costs and benefits from production of paper. If the market is perfectly competitive and unregulated, the efficient level of output
A) is achieved. B) can be achieved by giving paper producers a subsidy. C) can be achieved by imposing a Pigovian tax on paper producers. D) cannot be achieved.
The invention of the Bessemer converter in 1856:
a. increased the cost of continuous and coordinated operations of a steel industry. b. motivated downstream integration of the steel industry into coal mining. c. increased the efficient scale of steel production. d. increased volumetric interdependence between different stages of steel production.
Issuance of stock is a(n) ________ decision.
A) investment B) capital budgeting C) financing D) dividend E) planning