Technology spillovers:
a. Can be reduced by way of patents
b. Can lead to clustering of technology firms near one another.
c. Are examples of positive externalities.
d. All of the above are true.
d
Economics
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The magnitude of the slope of the budget line is the ratio of
A) a price to its quantity. B) a quantity to its price. C) two prices. D) two marginal rates of substitution.
Economics
If the actual price level is lower than the expected price level, the economy will contract in the short run
a. True b. False Indicate whether the statement is true or false
Economics