Each of the following is a basic economic role of the government except

A. tax collection.
B. spending money.
C. regulation of the economy.
D. owning most of the means of production.


D. owning most of the means of production.

Economics

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Why does it seem to be more difficult for investors to measure the capital stock of a firm like eBay rather than a firm like Ford Motor Company? Explain

What will be an ideal response?

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ABC Company is currently producing 450 units of output. The output is sold in a perfectly competitive market at a price of $35 . The marginal cost of the 450th unit is $38

Is ABC Company producing at the profit-maximizing level of output? Explain.

Economics

If the Apple corporation sells a bond it is

a. borrowing directly from the public. b. borrowing indirectly from the public. c. selling shares of ownership directly to the public. d. selling shares of ownership indirectly to the public.

Economics

After government purchases are reduced, the planned aggregate expenditure function may shift up because the reduction in output will cause

A) money supply to increase, the interest rate to decrease, and planned investment to increase. B) money supply to decrease, the interest rate to decrease, and planned investment to increase. C) money demand to decrease, the interest rate to decrease, and planned investment to increase. D) money demand to increase, the interest rate to decrease, and planned investment to increase.

Economics