A patent
A. is a right granted to an inventor by the government to be the exclusive seller of a good.
B. makes inventing the good less appealing.
C. is better for a writer of books than it is for an inventor of medicines.
D. is never granted for inventions anymore.
Answer: A
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Which of the following are criticisms of voucher programs?
a. They do not allow government to exercise enough control over education finance. b. Exclusionary admission standards under a voucher program would be unjust. c. Vouchers might be used at sub-standard schools. d. all of the above e. b and c
Over the last 20 years, the United States experienced periods of considerable:
A. asset price deflation, followed by sudden spurts of goods price inflation. B. asset price deflation, followed by sudden spurts of asset price inflation. C. asset price inflation, followed by sudden spurts of asset price deflation. D. goods price inflation, followed by sudden spurts of goods price deflation.
The capital account of the balance of payments consists of
A. the long-term transactions that we conduct with foreigners. B. all the goods and services produced during the current year, which we buy from or sell to foreigners. C. the interest, dividends, and profits that the U.S. collected from foreign investments less what U.S. firms paid foreign investors. D. None of these statements are true.
The EEOC has strong enforcement powers
Indicate whether the statement is true or false