Author Question: Knowledge capital is ________ in production and ________. As a result, firms ________ free ride. ... (Read 220 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
Knowledge capital is ________ in production and ________. As a result, firms ________ free ride.
 
  A) nonrival; nonexcludable; cannot B) nonrival; excludable; can
  C) nonrival; nonexcludable; can D) rival; nonexcludable; cannot

Question 2

Refer to Figure 17-1. Suppose that the economy is currently at point A, and the unemployment rate at A is the natural rate. What policy would the Federal Reserve pursue if it wanted the economy to move to point C in the long run?
 
  A) Increase the money supply.
  B) Buy treasury bills.
  C) Lower the discount rate.
  D) Sell treasury bills.
  E) No policy will move the economy to point C in the long run.



Jody Vaughn

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

C

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library