U.S. corporations are not motivated to protect the interests of small shareholders
a. True
b. False
B
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Which of the following is most likely to restore an economy to full employment, if it is operating below full employment due to a decrease in net exports?
A) Devaluation of the domestic currency B) A decrease in the demand for goods and services in the economy C) A decrease in investment in the economy D) An increase in the interest rate
In a competitive labor market
a. wages would be determined by supply and demand. b. the demand curve for labor is derived like the demand curve for any other input. c. the demand curve for labor is the downward-sloping portion of the MRP curve. d. All of the above answers are correct.
Which of the following events always would increase the size of the deadweight loss that arises from the tax on gasoline?
a. The demand for gasoline becomes more inelastic. b. The slope of the supply curve for gasoline becomes steeper. c. The amount of the tax per gallon of gasoline increases. d. All of the above are correct.
List and describe four of the six categories of economic exchanges that are omitted from GDP calculations. Explain why these transactions are not included in GDP and give an example of each to help support your answer