The federal agency that monitors and regulates the stock market is the
a. Chicago Mercantile Exchange.
b. Securities and Exchange Commission.
c. Department of Justice.
d. Federal Trade Commission.
b
Economics
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The annual income that can be consumed without diminishing the total capital assets of a nation is
(a) purchasing power parity income. (b) sustainable national income. (c) environmental capital stock. (d) per capita income.
Economics
For a constant-returns-to-scale production function,
a. marginal costs are constant but the average cost curve has a U-shape. b. both average and marginal costs are constant. c. marginal cost has a U-shape; average costs are constant. d. both average and marginal cost curves are U-shaped.
Economics