Which statement is false?
A. A monopoly is both a firm and an industry.
B. A monopoly is an imperfect competitor.
C. There are monopolies in the United States at the regional and local levels.
D. None of these statements are false.
D. None of these statements are false.
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Two important theories of unemployment are
A) game theory and search theory. B) search theory and the efficiency wage theory. C) the efficiency wage theory and the quantity theory. D) the quantity theory and game theory.
Which of the following taxes is based on the benefit principle?
a. Income taxes paid for national defense b. Payroll taxes paid for Social Medicare c. Education taxes paid by parents d. Income taxes paid for scientific research
China is regarded as one of the emerging nations because
A. China has experienced high population growth. B. per capita real GDP is now higher in China than in the United States. C. economic and political freedoms in China are still limited. D. China has experienced high economic growth.
During the labor dispute of 2011, the owners contended that the NFL players were
A. decertifying their union as an artificial tactic. B. forming a players-owned league. C. signing with Canadian teams. D. striking.