Which of the following is not an example of land?
A. Coal.
B. A river.
C. Natural gas.
D. A homebuilder.
Answer: D. A homebuilder.
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Which of the following functions of money enables society to gain the benefits of geographic and labor specialization?
A. store of value B. unit of account C. medium of deferred payment D. medium of exchange
Under oligopoly, firms' pricing policies are ________ and, under monopolistic competition, they are ________
A) interdependent; independent B) independent; interdependent C) cooperative; uncooperative D) uncooperative; cooperative E) profit maximizing; revenue maximizing
In 2009-2010 the federal government
What will be an ideal response?
The new growth theory of economic growth examines the interaction of
A. resources and labor productivity. B. regulations and capital expansion. C. labor and population. D. technology, research, and innovation.