If a theory gives a scientist results that she does not want, then she should not believe in that theory
Indicate whether the statement is true or false
False
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If one allows natural resources to be a factor of production, then it is possible to explain the Leontief Paradox for the United States on the grounds that U.S. imports are natural resource intensive
Indicate whether the statement is true or false
What is the expected payoff of an investment that yields $1,000,000 with a probability of 0.001 and $0 with a probability of 0.999?
A. $1,000,000 B. $1,000 C. $10,000 D. $500,000
The reason that some corporations grow so big is:
a. double taxation b. that they are a separate entity from their owners c. that they have limited liability d. none of these
For the purpose of calculating GDP, investment is spending on
a. stocks, bonds, and other financial assets. b. real estate and financial assets such as stocks and bonds. c. capital equipment, inventories, and structures, including household purchases of new housing. d. capital equipment, inventories, and structures, excluding household purchases of new housing.