Intellectual property is
a. a special form of capital
b. a type of labor
c. a special type of service
d. cheap to produce, but expensive to transmit
e. a kind of entrepreneurial ability
A
Economics
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(Last Word) Classical macroeconomics was dealt severe blows by:
A. the Great Depression and Keynes's macroeconomic theory. B. the Second World War and the writings of Milton Friedman. C. Adam Smith and his idea of the invisible hand. D. the strong recovery after the Second World War and Alvin Hansen's stagnation thesis.
Economics
Which of the following factors will not shift the long-run aggregate supply curve?
A. An improvement in production technology B. An increase in the price level C. An increase in capital accumulation D. An increase in available resources
Economics