Changes in the capital stock are caused by changes in ________
A) the quantity of labor
B) depreciation and investment
C) depreciation and entrepreneurship
D) depreciation and the quantity of labor
B
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If a marginal cost pricing rule is imposed on the firm in the figure above, the total surplus will be
A) zero. B) $800. C) $400. D) $200.
Prior to 1914, did antitrust legislation have much effect on monopoly power in the United States?
Refer to the graph shown. The shift in the graph from D1 to D2 shows how a contractionary U.S. fiscal policy can cause a decrease in:
A. prices that raises the dollar's value. B. interest rates that raises the dollar's value. C. interest rates that reduces the dollar's value. D. prices that reduces the dollar's value.
The purpose of the Supplemental Security Income program is
A. to provide a guaranteed minimum income for all Americans. B. to provide a minimum income for the aged, blind, and the disabled. C. to provide a minimum income for all households with children. D. to supplement Social Security for the elderly with medical problems.