Which statement is false?
A. Suburbanization was the migration of tens of millions of middle-class Americans—nearly all of them white—from the cities to the suburbs.
B. The people who moved to the suburbs were replaced in the cities by millions of poor people, the large majority of whom were black and Hispanic.
C. The inner cities today are socially isolated from the rest of the country.
D. None of these statements are false.
D. None of these statements are false.
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As a monopolist increases the quantity of output produced, what happens to price (P) and marginal revenue (MR)?
a. both P and MR remain constant b. P is constant, but MR decreases c. P decreases, but MR is constant d. both P and MR decrease, but P falls faster than MR e. both P and MR decrease, but MR falls faster than P
____ make(s) it difficult for an oligopoly to maintain a cooperative outcome with low production, high prices, and monopoly profits
a. Self-interest b. Incentives to cheat c. Government antitrust policy and regulation d. All of the above
The use of government spending and taxation to make changes in the level of national income is known as fiscal policy
Indicate whether the statement is true or false
Which of the following is an example of general knowledge, as opposed to specific knowledge that can be patented?
a. the invention of a longer-lasting battery b. a mathematical theorem c. a method for constructing a high-performance microchip d. the chemical formula for an adhesive