A creator of an action movie who wants to protect their intellectual property would apply for which of the following?
A) a trade secret B) a copyright C) a patent D) a trademark
B) a copyright
Economics
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Assume that in the market for widgets, demand is highly elastic compared to supply. If input costs for producing widgets drop, what happens to equilibrium price and quantity? Explain.
Economics
An exchange rate that is set by official government policy is called a ________ exchange rate.
A. nominal B. flexible C. fixed D. real
Economics
A positive balance of trade is when ___________.
Fill in the blank(s) with the appropriate word(s).
Economics
If the cost of the Department of Agriculture's minimum food budget for two people is $2,000 per year, the official poverty line for a family of two would be
A. $667. B. $2,000. C. $6,000. D. $12,000.
Economics