The optimal patent length is equal to 20 years

Indicate whether the statement is true or false

False. There is no optimal patent length for all goods.

Economics

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What is an externality?

What will be an ideal response?

Economics

The short-run effect of a negative supply shock is

A) lower inflation and a declining output gap. B) lower inflation and an increasing output gap. C) higher inflation and a declining output gap. D) higher inflation and an increasing output gap.

Economics