Owning a patent can provide a firm with monopolistic power.

Answer the following statement true (T) or false (F)

True

Economics

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The best measure of a country's standard of living is

A) total nominal GDP. B) GDP per unit of capital. C) GDP per capita. D) GDP per labor hour.

Economics

Hometown, USA, has a labor force of 78,567 persons and employment of 74,382 . The unemployment rate for the city is: a. 5.3 percent

b. 5.6 percent. c. 6.0 percent. d. none of the above.

Economics