A firm that reduces its research and development spending will expect competitor firms to reduce research and development spending as competition is reduced.
Answer the following statement true (T) or false (F)
False
You might also like to view...
Which of the following decreases the official U-3 unemployment rate?
A) Workers leave the labor force. B) More women enter the labor force and seek jobs. C) Young people graduate from college and start to look for their first full-time job. D) None of the above because they all increase or do not change the unemployment rate.
Which round of GATT first addressed subsidies?
What will be an ideal response?
Compared to an electronic payments system, a payments system based on checks has the major drawback that
A) checks are less costly to process. B) checks take longer to process, meaning that it may take several days before the depositor can get her cash. C) fraud may be more difficult to commit when paper receipts are eliminated. D) legal liability is more clearly defined.
Who organized the Bank of the United States?
A) Alexander Hamilton B) George Washington C) Andrew Jackson D) Woodrow Wilson