Which of the following statements provides the most accurate description of the period between the Civil War and WWI?
a. Real per capita wages were relatively flat.
b. The share of immigrants was increasingly Protestant.
c. Businesses became increasingly regulated.
d. The average hours of work for employees in the industrial sector increased slightly.
c. Businesses became increasingly regulated.
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The total cost schedule shows the relationship between different amounts of inputs and the resulting level of output
Indicate whether the statement is true or false
Junk bonds are securities with
a. low risk and low yield. b. high risk and high yield. c. low risk and high yield. d. high risk and low yield.
Ed Van Zaig is considering opening a sushi bar. To do so, he would have to quit his current job, which pays $20,000 a year, and take over a store building he owns and currently rents for $6,000 a year. His costs at the sushi bar would be $50,000 for food and $2,000 for gas and electricity. What is the minimum revenue he must earn per year in order for it to be worth his while to open his sushi
bar? a. $26,000 b. $66,000 c. $78,000 d. $52,000 e. $72,000
Which of the following provide benefits to society at large and not just to the person(s) who pursues it?
a. both technological knowledge that is a public good and education b. technological knowledge that is a public good, but not education c. education, but not technological knowledge that is a public good d. neither education, nor technological knowledge that is a public good