Where large amounts of capital are used, the dominant form of business organization is the

For economic freedom to exist,

A) copyright laws must be abolished and markets supervised by the government. B) democracy must exist. C) human capital must be given away free. D) property rights must be protected and markets must be free. E) money must be free.

The market supply of labor curve has a positive slope if higher wages induce households to choose

A) leisure rather than supplying labor in the labor market. B) supplying labor in the labor market rather than leisure. C) demanding labor rather than supplying it. D) None of the above answers is correct.