Technology can be defined as the
A. ability to get more output from a given amount of inputs.
B. act of putting new methods into effect.
C. discovery of new ways of making products.
D. result of savings.
Answer: A
Economics
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The current structure of financial markets can be best understood as the result of attempts by financial market participants to
A) adapt to continually changing government regulations. B) deal with the great number of small firms in the United States. C) reduce transaction costs. D) cartelize the provision of financial services.
Economics
Which of the following will shift the consumption function upward?
A. a tax increase B. expectations of inflation C. higher disposable income D. lower wealth holdings
Economics