Legal entitlement to scientific discoveries, inventions, innovations and intellectual property
What will be an ideal response?
encourages technological advancements.
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A fall in the real wage rate ________ firms' profits and leads to ________ in the quantity supplied
A) does not change; no change B) lowers; a decrease C) raises; an increase D) raises; a decrease E) lowers; an increase
The unemployment rate never falls to zero
a. True b. False Indicate whether the statement is true or false
A recession hits hardest in those regions that:
a. have large numbers of labor unions. b. are located near interstate highway systems and congestion. c. do not have adequate natural resources. d. produce capital goods and durable goods.
A headline reads: "Fed Cuts the Federal Funds Rate by Half a Point." This suggests that:
a. Monetary policy has eased b. Tax rates have been reduced c. The prime interest rate will rise d. The discount rate will rise