Venture capital increases the pace of innovation.
Answer the following statement true (T) or false (F)
True
Venture capitalists provide initial funding for entrepreneurial ventures and therefore increase the pace of innovation.
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Refer to the figure below. 
This firm's marginal revenue curve would intersect the vertical axis at ________.
A. $70 B. $35 C. $20 D. $0
Over time, the percentage of total employment in services has ________ and in agriculture, employment has ________
A) increased; increased B) decreased; increased C) stayed about the same; decreased D) stayed about the same; increased E) increased; decreased
Consumption goods and services include
A) washing machines and tickets to football games. B) new homes and existing homes (as long as improvements have been made to the existing home). C) tickets to concerts and medical care provided to veterans by the government. D) new and used textbooks as long as they are sold via stores or online. E) vacation time accumulated by workers.
Inflation leads to ________
A) increased variability of relative prices only when it is anticipated B) increased variability of relative prices only when it is unanticipated C) increased variability of relative prices whether inflation is anticipated or not D) lower variability of the general price level only when it is very high E) none of the above