During 2005, the tax rate on the top income bracket in the U.S. tax system was _____
a. 28 percent
b. 31 percent
c. 35 percent
d. 39 percent
c
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The coefficient of determination ranges in value between 0.0 and 1.0
a. true b. false
Which of the following is an example of a good with a highly elastic supply curve?
a. luxury goods b. tropical vacations c. pizza d. sports vehicles
In Operation Desert Storm, oil facilities in Iraq were attacked amid strong demand for oil. In response, political pressure motivated OPEC to increase the daily quota by 2 million barrels a day. Assuming demand did not change, which of the following series of prices most likely matches how the price of a barrel of oil changed from (1) before the attack, to (2) just after the attack, to (3) after OPEC increased the quota?
A. $40, $42, $38 B. $42, $38, $40 C. $38, $40, $42 D. $42, $40, $38
Suppose that Marlen Fisher has legal protection against anyone producing and selling a fishing lure identical to his unique-action "MarFish" lure, whatever the competitor might name the lure. This legal protection is most likely to be a:
A. trademark. B. restraining order. C. patent. D. copyright.