Which of the following is true regarding managerial diseconomies?
A) Managerial diseconomies incentivize vertical integration.
B) Managerial diseconomies are a cost associated with vertical integration.
C) Managerial diseconomies incentivize backward integration.
D) Managerial diseconomies incentivize forward integration.
B) Managerial diseconomies are a cost associated with vertical integration.
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The national debt is defined as the total
a. amount that U.S. citizens owe to foreigners. b. value that U.S. citizens borrow from foreigners during any time period. c. value of government's indebtedness at any moment in time. d. amount by which government's expenditures exceed receipts during any time period.
Figure 18-2
Figure 18-2 shows the widget market before and after an excise tax is imposed. After the tax is imposed, the amount that a firm keeps for itself from the sale of each widget is ____.
A. $95 B. $100 C. $120 D. $125
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
In terms of economic growth, educated workers are generally:
A. happier. B. less healthy. C. less productive. D. more productive.