Which of the following is NOT a property of indifference curves?
A. Indifference curves are thin.
B. Indifference curves may slope upward or downward.
C. Indifference curves from the same family never cross.
D. A consumer prefers to be on the indifference curve that is farthest from the origin.
B. Indifference curves may slope upward or downward.
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Which of the following is not a type of "lock-in" that acts as a barrier to entry into a particular market?
A) Pricing at or below the average cost of production. B) Purchases of durable goods. C) Loyalty programs. D) Specialized suppliers.
The Keynesian transmission mechanism might get blocked if
A) investment is insensitive to changes in interest rates. B) the goods market is not in equilibrium. C) the money supply increases too quickly. D) interest rates are too high before they fall.
At the beginning of 2015, market analysts expect Atlantis Company, holder of a valuable patent, to earn the following stream of economic profits over the next five years. At the end of five years, Atlantis will lose its patent protection, and analysts expect economic profit to be zero after five years. 
If investors apply an annual risk-adjusted discount rate of 15%, the value of Atlantis Company in 2015 is $________, which is also the maximum price investors would be willing to pay for Atlantis Company.
A. $3,824,318 B. $1,275,000 C. $726,916 D. $2,215,000 E. $884,912
The underemployed are not included among the unemployed because they are working.
Answer the following statement true (T) or false (F)