A patent grants an inventor exclusive rights to a product for how long?
A) 14 years B) 17 years
C) 20 years D) the lifetime of the product
C
Economics
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The effective rate of protection is
(a) value added with protection divided by value added without protection. (b) value added with protection. (c) value added without protection. (d) (value added with protection minus value added without protection) divided by value added without protection.
Economics
Unlike demand-pull inflation, cost-push inflation:
A. is self-limiting. B. drives up the price level. C. increases nominal income. D. increases real income.
Economics