Which of the following would be an example of basic research?
A. Studies of the atmosphere on Neptune
B. Research into gene therapy to treat Alzheimer's disease
C. A pharmaceutical company's research into a chemical compound that could reduce the growth rate of cancer cells
D. Studies of circuit miniaturization for applications in computers
Answer: A
You might also like to view...
In the figure above, 10 percent of income in country C is distributed to the
A) richest 10 percent of the households. B) poorest 10 percent of the households. C) poorest 30 percent of the households. D) poorest 70 percent of the households.
If aggregated demand is less than actual output, unplanned inventory ________ will cause output to ________
A) accumulation; rise B) depletion; fall C) depletion; rise D) accumulation; fall
A society consists of three individuals: Larry, Margaret, and Nina. In terms of income and utility, Larry is currently best-off, Margaret ranks in the middle, and Nina is worst-off. Which of the following statements is correct?
a. Utilitarianism suggests that government policies should strive to maximize the sum of all three individuals' utility. b. Liberalism suggests that government policies should strive to maximize the sum of Larry's utility and Nina's utility. c. Libertarianism suggests that government policies should strive to make Nina better off at the cost of Larry and Margaret. d. Utilitarianism suggests that the government policies should strive to make Nina better off than Margaret.
Suppose that the demand curve for wheat is downward sloping and the price per bushel increases from $4.50 to $5.50. We would expect:
a. The demand for wheat to increase b. The quantity demanded of wheat to decrease c. The quantity demanded of wheat to increase d. Producers to reduce the number of bushels produced