Debit cards are safer than credit cards because debit cards generally require a PIN number
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following is an example of a natural monopoly?
A) the Pittsburgh Penguins hockey team, a National Hockey League team B) Ford Motors, the large automobile producing company C) Florida Power and Light, an electric utility in Florida D) Sony, the Japanese producer of the Playstation III E) JCPenney, the large department store chain
If people can benefit from a good even if they do not pay for it, the good is nonrival
Indicate whether the statement is true or false
Consumption goods that are produced, but not sold, become investment goods by default
Indicate whether the statement is true or false
Trade restrictions can prevent purchasing power parity from holding because:
A. they can add costs to the selling price because they add to the seller's cost. B. the time and energy of importation paperwork can add to the cost of the good sold. C. tariffs can add to the cost of the good sold. D. All of these statements are true.