Which of the following is NOT a likely market solution to the lemons problem?
A) average cost pricing
B) product warranty
C) industry standard
D) product certification
Answer: A
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If velocity and output are fixed at 5 and 400, respectively, and the price level is 2, then the money supply is
A) 4,000. B) 200. C) 160. D) 40.
Which of the following is true?
A. The Japanese rebuilt their economy after World War II by selling its goods to their own rapidly growing population. B. Slow U.S. population growth in the 19th century forced American farmers and manufacturers to seek foreign markets to propel its rapid economic growth. C. The Japanese rebuilt their economy after World War II by targeting the large U.S. market, while their own market remained largely closed to U.S. manufactured goods. D. America's rapid population growth in the 19th century slowed its economic growth rate.
Briefly discuss the findings of the U.S. Department of Commerce in 2018 that the Chinese government had engaged in unfair policies and practices involving U.S. intellectual property.
What will be an ideal response?
Of the types of business organizations in the United States, corporations account for ________ percentage of revenues and ________ percentage of profits
A) the largest; the largest B) the smallest; the largest C) neither the largest nor smallest; the largest D) largest; neither the largest nor smallest