Better technology means that more output in the U.S. economy can be produced:
A. With a greater amount of energy input
B. With the same amount of energy input
C. But it will lead to a fall in the standard of living
D. But it will lead to a rise in population growth
B. With the same amount of energy input
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Assume you are holding Treasury securities and have sold futures to hedge against interest-rate risk. If interest rates rise
A) the increase in the value of the securities equals the decrease in the value of the futures contracts. B) the decrease in the value of the securities equals the increase in the value of the futures contracts. C) both the securities and the futures contracts decrease in value. D) both the securities and the futures contracts increase in value.
Which of the following best describes white servitude?
(a) It applied to hired labor. (b) It was more costly than slavery. (c) It bound vagrants and orphans into productive employment. (d) It was pervasive on tobacco, indigo and cotton plantations.
Steps in performing a cost-effectiveness analysis include all of these EXCEPT
a. ranking the alternative treatment options b. prioritizing the alternative treatment options c. calculating the ICER between each treatment option and the next most expensive one d. eliminate treatment alternatives that are strictly dominated
Stock options have been shown to not align the work of the CEO with the interests of shareholders
Indicate whether the statement is true or false