All of the following increase the expected rate of return on R&D expenditures except:
A. patents.
B. trademarks.
C. imitation by others.
D. trade secrets.
Answer: C
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In a production possibilities frontier diagram, the attainable production points are shown as
A) the points inside and the points on the production possibilities frontier. B) only the points inside the production possibilities frontier. C) any of the production points. D) only the points beyond the production possibilities frontier. E) only the points on the production possibilities frontier.
Explain the concept of “lender of last resort.” What is discount rate?
What will be an ideal response?
A decrease in RGDP will shift the demand curve ______.
a. rightward b. leftward c. upward d. downward
If nominal GDP is 8,100 billion florins and the money supply is 900 billion florins, the velocity of circulation is
A. 900.0. B. 90.0. C. 81.0. D. 9.0. E. 8.1.