Patents encourage firms to engage in innovation.
Answer the following statement true (T) or false (F)
True
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If Sally Smith creates VCU1 by playing an online game, the effect is to cause the nation's:
a. Monetary base to remain the same. b. M2 money supply to fall. c. M2 money multiplier to fall. d. Monetary base to rise.
According to the model of voting developed in the? chapter, the choices made by government match the preferences of the median voter.
According to the model of voting developed in the? chapter, the choices made by government match the preferences of the
voter.
The marginal product of labor is the increase in the price of labor resulting from a unit rise in the demand for labor
Indicate whether the statement is true or false
If an increase in crime causes households to spend money on police and security systems, GDP will rise
Indicate whether the statement is true or false