A monopolistic competitor would face a demand curve with a
A. slope equal to 0.
B. positive slope.
C. negative slope.
D. constant slope.
Answer: C
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Any increase in efficiency increases output available for distribution.
Answer the following statement true (T) or false (F)
Which of the following statements presents inaccurate information about the early U.S. labor movement?
a. Courts in the early 19th century often found unions guilty of conspiracy. b. Unskilled factory workers were the primary beneficiaries of early labor gains. c. In the 1820s and 1830s, small craft societies began to coalesce to form larger unions. d. Early unions experimented with collective bargaining, strikes and closed shops.
Consistently the investment target of pension funds, publicly traded real estate companies, and real estate funds, large commercial properties valued well over $10 million are often referred to as:
A. segmented property B. investment-grade property C. speculative-grade property D. immobile property
In a closed economy, national saving equals
a. investment. b. income minus the sum of consumption and government purchases. c. private saving plus public saving. d. All of the above are correct.