The Single European Act was expected to create economic benefits by reducing the costs and risks of currency market transactions
Indicate whether the statement is true or false
FALSE
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The type of firm that is most numerous is the
A) proprietorship. B) corporation. C) partnership. D) multinational.
Offering goods that are similar to competitors' products but more attractive in some ways is called:
A. product distinction. B. product differentiation. C. price-point pinning. D. deceptive advertising.
A fair distribution of income for the U.S. economy is
a. not an economic issue b. defined by the Department of Agriculture c. a positive economic question d. a normative economic question e. a state and local issue but not a national one
If capital is not being used efficiently, an economy cannot be operating at a point along its production possibilities frontier
a. True b. False