Which of the following would be considered a one-time expense?
A. Raw materials
B. A delivery truck
C. Radio ads
D. A manager's salary
B. A delivery truck
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Antitrust laws in the United States rely more on economic theory and the rule of reason approach, whereas the European Union relies more on the per se approach
a. True b. False Indicate whether the statement is true or false
The development of complex algorithms that perform "brain work" in the future is likely to:
A. increase the number of jobs requiring little thought. B. higher income equality. C. increase overall employment. D. lengthen the overall workweek.
In the equation S = Y - C, in order to interpret Y as disposable income, it is necessary to interpret S as ________ saving
A) private B) national C) government D) business
The law of diminishing marginal utility states that total utility increases by smaller and smaller increments as more of a good is consumed
a. True b. False Indicate whether the statement is true or false