Minerals, animals, water and forests are all considered to be part of the resource category known as
A) capital
B) entrepreneurship
C) labor
D) land
E) none of the above
D
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An economy characterized by high unemployment is likely to be
A. having a recessionary expenditure gap. B. having an inflationary expenditure gap. C. experiencing hyperinflation. D. experiencing a high rate of economic growth.
Describe the difference between the Economic Value Added (EVA) and the Market Value Added (MVA) approach to determining stockholder wealth
What will be an ideal response?
Some economists reject the idea that bigness is __________. These people believe our policy should be __________
a. c, d, and e b. efficient or technologically superior; to encourage bigness c. inevitable; to break big firms up d. contestable; to contest bigness e. inevitable; laissez-faire
The Federal Trade Commission regulates which of the following?
A. trade with foreign nations B. unfair trade practices by businesses C. financial markets D. the banking industry