What is the most innovative feature of the International Criminal Court (ICC)?
a. Its focus is on the individual criminal, not the state.
b. Its authority affects every nation on earth, not just voluntary members.
c. Its decisions are made by an international jury, not a panel of judges.
d. Its goal is to safeguard human rights, not punish criminal behavior.
a. Its focus is on the individual criminal, not the state.
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The isoquants for inputs that are perfect substitutes for one another consist of a series of:
a. right angles b. parallel lines c. concentric circles d. right triangles e. none of the above
If the minimum wage is set at a level above the equilibrium wage:
A. it will have no effect. B. it will be a nonbinding minimum wage. C. it could cause unemployment. D. All of these are true.
It is easier for firms to form and maintain a cartel when:
a. there are cost differences among the industry's firms. b. there are more number of firms in the industry. c. there are greater barriers to entry. d. the goods supplied are varied.
A forecaster used the regression equationQt = a + bt + c1D1 + c2D2 + c3D3and quarterly sales data for 1996 I - 2013 IV (t = 1, ..., 64) for an appliance manufacturer to obtain the results shown below. Q is quarterly sales, and D1, D2 and D3 are dummy variables for quarters I, II, and III. 
In any given year, quarterly sales tend to vary as follows:
A. QI > QII > QIV > QIII B. QIII > QIV > QII > QI C. QII > QIII > QIV > QI D. QIII > QII > QI > QIV E. QI > QII > QIII > QIV