The structural deficit is equal to expenditures
A. plus transfers less taxes for the fiscal year in government statistics.
B. less taxes at some hypothetical high employment level.
C. plus transfers less taxes at some hypothetical high employment level.
D. less transfers for the fiscal year in government statistics.
Answer: C
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Which of the following is true of trademarks?
A) If a firm is granted a trademark, then no other firms can legally produce similar products for a given period of time. B) A successful trademark is one that allows consumers to immediately identify the source or producer of the product. C) If a firm is granted a trademark, then no other firms can legally sell in the same geographic area for a given period of time. D) A successful trademark is one that becomes a generic name for a product, for example, "Xerox" has become a generic term for making photocopies.
An organization that brings together the factors of production is called
A) an industry. B) a conglomerate. C) a plant. D) a firm.