If the population of a country increases, while GDP remaining constant, then ________
A) income per capita will remain unchanged B) trade deficit will decrease
C) gross national product will increase D) income per capita will decrease
D
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"Internal economies" derive from all of the following except
(a) Division of labor (b) Production of standardized products (c) The use of mass production techniques (d) There is no "except"; all of the above apply
As one moves down a straight-line demand curve away from the vertical axis, demand becomes less elastic and then inelastic
a. True b. False Indicate whether the statement is true or false
If firms sell exactly what they expected to sell then
What will be an ideal response?
Which of the following assets is the most liquid in the United States?
A. U.S. currency B. U.S. Treasury bonds C. Alphabet stock shares D. an antique car