Which of the following makes invention and entrepreneurship more likely in today’s economy?
A. Increasing morality of inventors
B. Government rules within society
C. Positive marginal costs
D. Positive marginal revenues
Answer: B
You might also like to view...
In the aggregate expenditures model, if an economy operates above equilibrium GDP, there will be:
a. unplanned inventory accumulation. b. unplanned inventory depletion. c. an increase in GDP. d. an increase in employment.
To be eligible for Medicaid, pregnant woman and children under one-year-of-age must live in a household with family income under
A. 133% of the poverty line for their family size. B. 185% of the poverty line for their family size. C. $10,000. D. $35,000.
Which of the following will lead to a decrease in the price of existing bonds?
A) a decrease in the rate of interest B) a reduction in the money supply C) an inward shift in money demand D) a decrease in planned investment spending
Structural stagnation is used to describe a:
A. downturn, followed by a period of slow growth that is not expected to speed up anytime soon without major legal changes in the economy. B. downturn, followed by a period of slow growth that is not expected to speed up anytime soon without major structural changes in the economy. C. downturn, followed by a period of slow growth that is not expected to speed up anytime soon without major cyclical changes in the economy. D. downturn, followed by a period of slow growth that is not expected to speed up anytime soon without major political changes in the economy.