"Patent trolls:"
A. block firms from acquiring patents on intellectual property.
B. buy up patents in order to collect royalties and sue other companies.
C. legally challenge new patent applications in an effort to extract rents.
D. promote innovation by keeping firms from having a stranglehold on intellectual property.
Answer: B
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In 2017, about what percentage of total income was earned by the poorest fifth of all U.S. households?
A. 12 percent B. 6 percent C. 3 percent D. 1 percent
The net exports effect is the ____ relationship between net exports and the price level of an economy.
A. inverse B. independent C. direct D. linear
A U.S. company that wishes to sell more to other countries would favor:
A. an appreciation of the dollar. B. a depreciation of the dollar. C. neither an appreciation nor a depreciation of the dollar. D. higher interest rates.
Explain why the tax multiplier is different from the government purchases multiplier, in both sign and relative magnitude
What will be an ideal response?