The use of eminent domain is probably more justifiable if the parcels of land needed for a project are

A) contiguous.
B) noncontiguous.
C) owned by the federal government.
D) owned by one party instead of many parties.


A

Economics

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According to the natural rate hypothesis, if the economy begins at full employment with an unemployment rate of 5 percent and then the inflation rate increases from 2 percent to 4 percent, then the economy will

A) not see any lower unemployment, even temporarily, just higher inflation. B) have lower unemployment but then return to its natural rate with an inflation rate of 4 percent. C) eventually return to its natural rate of 2 percent inflation and its natural unemployment rate of 5 percent. D) eventually return to its natural rate of 2 percent inflation and a new lower unemployment rate. E) stay at the 4 percent inflation rate and the natural unemployment rate will fall.

Economics

The table above shows four methods for producing 10 computer desks a day. If the cost of a worker is $50 a day and the cost of capital is $150 a day, ________ economically efficient

A) method A is B) method B is C) method D is D) method A or C is

Economics

When is price fixing not a violation of the antitrust laws?

What will be an ideal response?

Economics

Patents function to

A. establish permanent monopolies. B. temporarily protect monopoly power. C. encourage firms to reduce output. D. reduce monopoly power.

Economics