Eminent domain

A) is used only in the United States.
B) is legal only in market economies.
C) is authorized only in member-nations of the United Nations.
D) is used by virtually all governments.


D

Economics

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Which of the following industrial changes allowed the smallest start-up manufacturers to compete with great industrial capitalists?

A. A positive trade balance at the turn of the 20th century. B. The completion of the national railroad network. C. The development of the moving assembly line as a division of labor in manufacturing. D. The transition from private electric generators to centralized utility based power production.

Economics

A fall in the price of a firm's output

A) decreases the firm's demand for labor. B) increases the firm's demand for labor. C) decreases the firm's supply of labor. D) increases the firm's supply of labor.

Economics

Which of the following is used to test a hypothesis?

a. an aggregate statement b. a rational statement c. a positive statement d. a normative statement

Economics

For a signal to convey credible information about the quality of a good, the signal must:

A. be equally costly to send, regardless of the good's quality. B. not be costly to send. C. be less costly to send if the good is high quality than low quality. D. be less costly to send if the good is low quality than high quality.

Economics