The suburbanization of America _______________ the United States' dependence on oil imports.
A. increased substantially
B. had no effect
C. decreased substantially
A. increased substantially
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Suppose that new computer software for accounting and analysis at a business has a useful life of only one year and costs $200,000 before it needs to be upgraded to a new version. The revenue generated by this software is expected to be $250,000. The expected rate of return from this new computer software is
A. 11%. B. 25%. C. 20%. D. 80%.
Refer to the above figure. The profit-maximizing price and output for this monopolist are
A) a price of P1 and output of Q1. B) a price of P4 and output of Q1. C) a price of P2 and output of Q2. D) a price of P3 and output of Q3.
The production decision is the:
A.) Selection of the short-run rate of output. B.) Selection of the long-run rate of output. C.) Choice of whether to enter or exit the industry. D.) Choice of factory or plant size.
Empirical research seems to verify that:
A. the rate of inflation seems to vary directly with the amount of central bank independence. B. countries that have high rates of inflation seem to have central banks with low levels of independence. C. there is no relationship between the independence of central banks and rates of inflation. D. countries that have less independent central banks experience lower rates of inflation.