A credible promise is:
A. possible to keep.
B. in the promiser's interest to keep.
C. legally enforceable.
D. made by an honest person.
Answer: B
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In the United States, a patent gives the patent holder exclusive rights to an invention for typically how many years?
A) 20 B) 5 C) lifetime of patent holder D) 15
The general formula for computing the desired stimulus is
A. AD shortfall - the multiplier. B. AD shortfall ÷ the multiplier. C. AD shortfall + the multiplier. D. AD shortfall × the multiplier.
If the APS falls by .01 how much does total saving fall?
C = $4.5 trillion Disposable income = $5 trillion Autonomous consumption = $3 trillion
The value of output was $1,000 billion in Northland and $2,000 billion in Southland. The population of Northland was 50 million and the population of Southland was 120 million. There were 30 million employed workers in Northland and 75 million employed workers in Southland. Average labor productivity was higher in ________ and the standard of living was ________.
A. Southland; the same in both countries B. Northland; higher in Northland C. Northland; the same in both countries D. Southland; higher in Southland