A legal entity that may conduct business in its own name just as an individual does is a(n)
A. proprietorship.
B. corporation.
C. partnership.
D. entrepreneur.
Answer: B
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The nonrivalrous character of technological ideas suggests that ________
A) patent law protection is ultimately inefficient B) technological change follows a logarithmic pattern C) technology developed in one industry, e.g. the vodka industry, cannot be used in another industry, e.g. the automobile industry D) ideas can be used over and over again
A trade policy that allows a country to gain at the expense of other countries is called
A) countervailing duty policy. B) a beggar-thy-neighbor policy. C) an antitrust policy. D) a dumping policy.
Which of the following countries has more even income distribution than the United States?
a. Canada b. Brazil c. Chile d. Nigeria e. Philippines
In the United States, monetary policy is the responsibility of the:
A. U.S. Treasury. B. Department of Commerce. C. Board of Governors of the Federal Reserve System. D. U.S. Congress.