Which of the following is most likely to increase the incentive to invest, produce, and employ others?
What will be an ideal response?
a reduction in tax rates
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Suppose a monopolist faces the demand curve shown below. If you were to draw the monopolist's marginal revenue curve, it would:
A. intersect the horizontal axis at 35. B. intersect the vertical axis at $35. C. lie on top of the demand curve. D. have a slope equal to the reciprocal of the slope of the demand curve.
Specializing and participating in international trade allows an economy to: (check all that apply)
a. diver high-skilled resources toward low-valued services. b. increase the quantities of capital and consumer goods available to society. c. circumvent the output limits imposed by its own production possibilities curve. d. get more of the desired good by sacrificing greater amounts of some other good.
If a p-value is greater than or equal to 1.0, the results is said to be statistically significant.
Answer the following statement true (T) or false (F)
If Japanese autos surge in popularity in the United States, then this event is most likely to cause the Japanese yen to:
A. Appreciate and the U.S. dollar to depreciate B. Depreciate and the U.S. dollar to appreciate C. Appreciate and the U.S. dollar to appreciate D. Depreciate and the U.S. dollar to depreciate