The lag in the political rights of women can be positively associated with the lag in female wages and skill acquisition according to Goldin (1990)
Indicate whether the statement is true or false
True
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Activities that firms, universities, and governments undertake to increase their knowledge base are referred to as:
A) primary activities. B) research and development (R&D) activities. C) secondary activities. D) tertiary activities.
If the Federal Reserve conducts open market ________, the money supply ________, shifting the LM curve to the right, everything else held constant
A) purchases; decreases B) sales; decreases C) purchases; increases D) sales; increases
Credit cards:
A. are financial assets. B. create money. C. create the need to hold highly liquid assets. D. reduce the value of holding money.
Fixed cost is:
A. the cost of producing one more unit of capital, for example, machinery. B. any cost that does not change when the firm changes its output. C. average cost multiplied by the firm's output. D. usually zero in the short run.