Which of the following serves as an automatic stabilizer in the economy?
A. Interest rates
B. Exchange rates
C. The inflation rate
D. The progressive income tax
D. The progressive income tax
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The term "early adopters" refers to
A) consumers who respond quickly to fads, seasonal changes, etc. B) consumers who are willing to pay high prices to be among the first to own new products. C) firms that are the first to implement a new technology that is used to produce new goods or services. D) book clubs that are first to recommend best-selling books to their members.
The Solo Coal Mine is the only employer in the small town of Way out there. The market supply of coal miners is Qs = 0.02W - 200, where W is the annual wage of a coal miner and Q is the number of people who would accept employment as a coal miner. What is the coal mine's marginal expenditure when it hires 150 coal miners?
A. $17,500 B. $30,500 C. $10,000 D. $25,000
A company office can be thought of as
A. a trade-off with land. B. a land and labor combination. C. a type of entrepreneurship. D. physical capital.
________: a primary purpose of the International Monetary Fund
Fill in the blank(s) with correct word