The productivity growth slowdown of the late 1970s and early 1980s may have been due, in part, to the environmental and workplace safety regulations
a. True
b. False
Indicate whether the statement is true or false
True
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The first credit card was issued in
A) 1950 by Francis X. McNamara. B) 1958 by Bank of America. C) 1981 by James Tobin. D) 1974 by Citibank.
Refer to the accompanying graph. What is the price elasticity of demand at point A?
A. 3 B. 2 C. 0.2 D. 0.33
Suppose that the United States allowed its domestic fuel producers to use ethanol made from any source (corn or sugar). What is likely to happen to U.S. production of corn ethanol and U.S. imports of sugar ethanol?
a. U.S. production of corn ethanol would increase, and U.S. imports of sugar ethanol would decrease. b. U.S. production of corn ethanol would decrease, and U.S. imports of sugar ethanol would decrease. c. U.S. production of corn ethanol would decrease, and U.S. imports of sugar ethanol would increase. d. U.S. production of corn ethanol would increase, and U.S. imports of sugar ethanol would increase.
Entry of a second firm will result in a downward shift in the ATC curve.
Answer the following statement true (T) or false (F)