Suppose that Book-Cost Busters (BCB), without authorization, reproduced a best-selling novel and placed it for downloading on the BCB pay-for-use website. This action would violate the publisher's:
A. profit rights.
B. patent.
C. copyright.
D. trademark.
Answer: C
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In the figure above, with the rent ceiling the quantity of housing supplied is ________ units, the quantity demanded is ________ units, and the quantity rented is ________ units
A) 3,000; 6,000; 3,000 B) 3,000; 6,000; 6,000 C) 3,000; 6,000; 4,000 D) 3,000; 3,000; 3,000 E) 4,000; 4,000; 4,000
Which of the following is true about U.S. history prior to the 1950s?
a. The inflation rate remained constant during this period b. Cost-push inflation led to depressions, which were followed by slowly-rising price levels. c. The price level remained constant during this period. d. Major wars resulted in high inflation rates, after which the inflation rate tapered off. e. Major wars resulted in high inflation rates that were usually followed by deflation.
In order to fully realize the gains from entrepreneurial innovation,
a. the government should subsidize potential entrepreneurs. b. it must be relatively easy for people to put their ideas in motion. c. it must be relatively difficult to continue implementing a bad idea. d. both a and b must be true. e. both b and c must be true.
According to the interest-rate-based transmission mechanism, a decrease in the money supply will
A. lead to an increase in investment spending and a decrease in real GDP that is equal to the increase in investment spending. B. lead to a decrease in investment spending and a decrease in real GDP which is greater than the decrease in investment spending. C. lead to an increase in investment spending and a decrease in real GDP which is greater than the increase in investment spending. D. lead to a decrease in investment spending and an increase in real GDP that is equal to the decrease in investment spending.