The Internet was first developed in the
A. business sector.
B. government sector.
C. corporate sector.
D. college dorm room of Bill Gates.
Answer: B
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The owners of which type of firm have the most liability?
A. Limited partnership. B. Partnership. C. Proprietorship. D. Corporation.
Which of the following taxes has the greatest effect on the natural rate of unemployment?
a) income taxes b) retail sales taxes c) Social Security taxes d) real estate taxes e) inheritance taxes
If the price of good X increases, what will happen to the budget line?
A. It will become flatter. B. It will have a parallel shift outward. C. It will have a parallel shift inward. D. It will become steeper.
In Figure 8.5, if this economy's inflation goal is a price level of P2 but the equilibrium price level is P3, an appropriate monetary policy lever would be to
A. Decrease AD by increasing interest rates. B. Increase AS by increasing the money supply. C. Decrease AS by increasing the money supply. D. Decrease AD by increasing income taxes.