Completing a college degree signals to employers that you are:
A. intelligent.
B. hardworking.
C. able to complete assignments.
D. All of these are signals one gives with a college degree.
D. All of these are signals one gives with a college degree.
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In which case do firms have some control over their price?
a. monopolistic competition and perfect competition b. oligopoly but not perfect competition c. perfect competition but not monopoly d. neither monopolistic competition nor oligopoly
An example of a government policy to provide a framework within which the private sector can operate productively is:
A. the taxation of savings. B. government ownership of capital. C. the suppression of political dissent. D. maintaining a well-functioning legal system.
The natural rate of unemployment is equal to the unemployment rate when there is only:
A. structural and cyclical unemployment. B. structural and frictional unemployment. C. frictional unemployment. D. cyclical unemployment.
A good is nonrival in consumption if it is not practical to exclude people who don't pay for it from enjoying its benefits.
Answer the following statement true (T) or false (F)