All of the following are factors that raise economic development EXCEPT
A) establishing a legal system.
B) an educated work force.
C) reducing trade barriers.
D) government control of the country's resources.
D
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Supply-side economists emphasize the importance of saving to finance investment.
Answer the following statement true (T) or false (F)
The resources used to make goods and services are called ____________ .
a. factors of production. b. the gross national product. c. the production possibilities frontier. d. opportunity costs.
Suppose that Marlen Fisher has legal protection against anyone producing and selling a fishing lure identical to his unique-action "MarFish" lure, whatever the competitor might name the lure. This legal protection is most likely to be a:
A. trademark. B. restraining order. C. patent. D. copyright.
Monopolies ________ fair and ________ efficient
A) are always; are not B) might be; are always C) might be; might be D) are always; are always E) are never; are always