One of the board members is appointed to a __ year, renewable term as the chairman

A. 6
B. 4
C. 7


Ans: B. 4

Economics

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Which of the following markets has a single firm?

A) Perfect competition B) Monopolistic competition C) Monopoly D) Oligopoly

Economics

All of the following are social insurance programs designed to attack poverty EXCEPT

A) Social Security. B) temporary assistance to needy families. C) food stamps. D) tuition assistance.

Economics

A Market:

A. Exhibits up sloping demand and down sloping supply curves B. Entails the exchange of goods but not services C. Is and institution of mechanism that brings together buyers and sellers D. Always requires face-to-face contact between buyer and seller

Economics

Two items which have a positive cross price elasticity of demand are referred to as

A) luxury goods. B) inferior goods. C) substitutes. D) complements.

Economics