Which of the following is the most effective way to internalize a technology spillover?
a. taxes
b. patents
c. government regulations
d. free markets
b
You might also like to view...
Use the following graph for a competitive market to answer the question below.
Assume the government imposes $2.25 tax on suppliers, which results in a shift of the supply curve from S1 to S2. The price the consumer pays for the product after the tax is imposed on the suppliers is
A. $3.50 B. $2.25. C. $1.25. D. $2.50.
The income elasticity of demand for health care is generally less than 1, indicating consumers consider these services to be luxuries
Indicate whether the statement is true or false
A contract can help a seller to receive better creditors to finance his/her inventory
Indicate whether the statement is true or false
Rational expectation theory implies that accurately anticipated change in aggregate demand: a. will increase real GDP in the short run
b. will affect real GDP and inflation only in the long run. c. may affect nominal GDP but not real GDP in the short run. d. will do none of the above.