A patent
a. is given only to government owned companies.
b. is not a legal impediment to entry.
c. is a privilege granted by a state to an inventor over his invention.
d. does not give the holder a monopoly during the period it is in effect.
c
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In the figure above, ceteris paribus, an increase in x is associated with
A) an increase in y. B) a decrease in y. C) an increase in z. D) a random change in z. E) no change in either y or z.
Describe the technology transfer benefit of capital flows and the political power cost of large capital flows into low-income countries
What will be an ideal response?
In the Keynesian framework, as long as output is ________ the equilibrium level, unplanned inventory investment will remain ________ and firms will continue to lower production
A) below; negative B) above; negative C) below; positive D) above; positive
From an economic standpoint, the most relevant tax approach to reducing carbon dioxide emissions is a
a. gasoline tax c. carbon tax b. BTU tax d. all of the above