Katy Perry's latest album is protected from other artists using her lyrics because of:
A. Specialization
B. Opportunity costs
C. Property rights
D. Incentives
Answer: C
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All of the following methods were used to raise funds to finance the Civil War (1861–1865) except
(a) An income tax (b) The printing of paper money (c) Taxes on prostitution (d) Taxes on whiskey and beer
In contrast to the post-World War II period, before 1940 the government
a. actively intervened in the economy for stabilization purposes. b. used aggregate demand management to avoid recessions. c. rarely intervened in the economy to influence inflation or unemployment rates. d. used government ownership to guarantee full employment.
All other things being equal, an increase in the supply of labor will lead to a fall in the wage.
Answer the following statement true (T) or false (F)
Small denomination time deposits are included in
A. M1 only. B. M2 only C. M1 and M2. D. M2 and M3. E. M1, M2, and M3.