A market equilibrium occurs
A) only with government regulation.
B) only because of the profit motive of firms.
C) only because of the complacency of consumers.
D) through the interaction of self-interested consumers and producers.
D
Economics
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The information technology revolution seems to have had its greatest positive effect on labor productivity growth in the ____ period
a. 1948-1973 b. 1973-1995 c. 1995-2005 d. 1948-2005
Economics
Assume the current interest rate is 25%. The present value of $1,000 in one year would be
A. $180. B. $450. C. $750. D. $800.
Economics