A motivation of developed countries in providing development assistance is
(a) the creation of markets.
(b) geopolitical influence.
(c) genuine humanitarian concern.
(d) all of the above.
(e) none of the above.
D
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Which of the following responsibilities did the Constitution not give to the federal government?
a. The right to set laws on patents b. The sole right to mint coins c. The right to establish post offices d. The right to tax. e. All of the above
A firm sells 1000 units per week. It charges $15 per unit, the average variable costs are $10, and the average costs are $25 . At what price does the firm consider shutting-down in the long run?
a. $25 b. $0 c. $15 d. $10
Which of the following will shift the production possibilities curve outward?
a. a hurricane that destroys buildings throughout Florida b. an increase in the capacity utilization of existing factories c. an increase in the unemployment rate d. a decrease in the market price of both goods
With capitalism, which action might reduce unemployment?
a. increase hiring at private firms b. adjust central planning c. increase government-owned resources d. increase government-controlled investments