As a result of the case of Dartmouth College v Woodward (1819), the Federal Trade Commission was formed years later in 1914
Indicate whether the statement is true or false
False
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As a percentage of GNI, which of the following countries provides the greatest amount of foreign aid?
(a) United Kingdom. (b) United States. (c) Italy. (d) Sweden.
By 1916, there were 340,000 corporations in the U.S. The growth in the number of corporations was partly due to
a. increasing numbers of urban dwellers. b. the development of formal markets for stocks and bonds. c. the acceptance by most states of the doctrine of limited liability. d. mass production which led to lower per-unit costs for output. e. All of the above.
Tom and Jerry have two tasks to do all day: make dishes and build fences. If Tom spends all day making dishes, he will have make 16 dishes. If he instead devotes his day to building fences, Tom will build 4 fences. If Jerry spends his day making dishes, he will make 14 dishes; if he spends the day building fences, he will build 7 fences. For Tom, the opportunity cost of building a fence is __________ dishes made.
A. 16 B. 12 C. 8 D. 4
Which of the following goods is most likely to be over consumed?
A. Fish in the ocean B. Chickens on a farm C. Horses on a ranch D. Water from a reservoir