Firms often use patent rights as a:
A) barrier to exit.
B) barrier to entry.
C) way to achieve perfect competition.
D) none of the above
B
Economics
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Current concern about Social Security is that
A) the fund is growing too rapidly and would trigger inflation. B) the fund might be depleted before long and might not be there for workers who retire later. C) the government is planning to phase out the program. D) none of the above
Economics
In the aggregate expenditures model, equilibrium occurs if:
a. aggregate expenditures (AE) are greater than GDP. b. aggregate expenditures (AE) are less than GDP. c. there is no unplanned inventory depletion or accumulation. d. consumption equals investment.
Economics