Which of the following serves only the best known and heavily traded securities?
a. NYSE
b. multiple regional exchanges
c. AMEX
d. NASAQ
a
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Left alone, with no government interference, a profit-maximizing firm will produce emissions
A) where the MSB curve crosses the MCA curve. B) at the vertical intercept of the MSB curve. C) at the horizontal intercept of the MSB curve. D) at the vertical intercept of the MCA curve. E) at the horizontal intercept of the MCA curve.
Amy discovers a way to produce water heaters so they are less expensive and use less natural gas. Amy's discovery is
a. physical capital. If Amy's discovery leads to lower natural gas prices, it has made natural gas less scarce. b. physical capital. If Amy's discovery leads to lower natural gas prices, it has made natural gas scarcer. c. technological knowledge. If Amy's discovery leads to lower natural gas prices, it has made natural gas less scarce. d. technological knowledge. If Amy's discovery leads to lower natural gas prices, it has made natural gas scarcer.
In the real business cycle model, an increase in current total factor productivity
A) increases investment demand. B) decreases investment demand. C) has no impact on investment demand. D) has an ambiguous effect on investment demand.
Workforce quality arguments are very difficult to prove for the period of 1970 to 1990 because during that period SAT scores
a. and graduation rates increased. b. increased and graduation rates decreased. c. and school attendance rates decreased. d. decreased and school attendance rates increased.