In the desire to have a celebrity's image protected to prevent it from being used in ways he would not approve, a celebrity's estate
A) will probably not be successful, since there are no laws regulating this kind of use in the United States.
B) will most likely be more successful in developing countries than in high-income countries, since property regulations are better enforced in developing countries.
C) can rely on U.S. laws that protect intellectual property rights to prevent the unauthorized use of his image.
D) will have to be granted a patent declaring the celebrity's image a new product, and this will give the estate protection for 7 years.
C
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The figure above shows the U.S. supply of labor curve. An increase in the income tax rate leads to a
A) movement downward along the supply of labor curve from a point such as A to a point such as B. B) leftward shift of the supply of labor curve. C) rightward shift of the supply of labor curve. D) movement upward along the supply of labor curve from a point such as C to a point such as B. E) None of the above answers is correct because there is no change in the supply of labor curve.
The adverse consequences of debt deflation are most evident ________
A) in the expansion of credit to high-risk borrowers B) on the balance sheets of nonfinancial businesses C) in a sharp decline in the real interest rate D) on the balance sheets of financial businesses