In order to be successful in a market economy, entrepreneurs must
A) use only personal financial capital so they can avoid interest payments on borrowed funds.
B) produce a good that consumers value less than the resources used to produce it.
C) combine resources in a manner that increases their value.
D) produce anything that consumers value, regardless of cost.
C) combine resources in a manner that increases their value.
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Since 1960, in the United States the labor force participation rate for men has ________ and for women has ________
A) not changed; increased B) increased; increased C) increased; decreased D) decreased; decreased E) decreased; increased
Foreign-exchange market interventions will always
A) lead to a decline in domestic interest rates relative to foreign interest rates. B) lead to a rise in domestic interest rates relative to foreign interest rates. C) lead to a decline in the domestic money supply. D) alter a central bank's holdings of international reserves.
If there is a great deal of violence and uncertainty in the country of Crazico, people will be less willing to invest in their own future or in the future of Crazico
a. True b. False
Which of the following is not a financial asset?
a. a corporate bond b. a piece of real estate c. an IOU d. a share of Coca-Cola stock e. a Treasury bond