According to economic historians, streetcars in southern cities in the early 1900s were racially segregated because the owners of the firms believed that segregation raised the firms' profits
a. True
b. False
Indicate whether the statement is true or false
False
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A fully amortized loan is another name for
A) a simple loan. B) a fixed-payment loan. C) a commercial loan. D) an unsecured loan.
In recent years, almost ________ percent of managers convicted of violating the Sherman Act have gone to prison.
A) 50 B) 100 C) 90 D) 75
Total costs increase from $1,500 to $1,800 when a firm increases output from 40 to 50 units.. Which of the following are true?
a. AC rise by $1.00 b. AC fall by $1.50 c. AC rise by $1.50 d. AC fall by $1.00
The national debt: a. is a flow variable measuring the net accumulation of past deficits
b. is a stock variable measuring the net accumulation of past deficits. c. measures the amount by which government revenues exceed outlays in a particular year. d. includes the projected liabilities of Social Security, Medicare, and other federal retirement programs. e. includes outstanding liabilities of federal, state, and local governments minus government financial assets.