According to the text, U.S. corporations generated approximately what percentage of total sales revenue in 2015?
A. 11 percent.
B. 72 percent.
C. 82 percent.
D. 20 percent.
Answer: C
You might also like to view...
Adverse selection is a problem that arises:
A. before the parties have entered into an agreement. B. after the parties have voluntarily entered into an agreement. C. either before or after the parties have entered into an agreement. D. rarely in any market.
The expectation of a lower inflation rate will cause: a. the short-run Phillips curve to become vertical
b. the short-run Phillips curve to shift leftward. c. a movement down along a short-run Phillips curve. d. the short-run Phillips curve to shift rightward.
Ken and Traci are two woodworkers who both make tables and chairs. In one month, Ken can make 3 tables or 18 chairs, whereas Traci can make 8 tables or 24 chairs. Given this, we know that the opportunity cost of 1 chair is
a. 1/6 table for Ken and 1/3 table for Traci. b. 1/6 table for Ken and 3 tables for Traci. c. 6 tables for Ken and 1/3 table for Traci. d. 6 tables for Ken and 3 tables for Traci.
The Coase theorem will hold only if:
A. there are no transactions costs. B. people can make enforceable agreements. C. Both of these must hold true. D. Neither of these must hold true.