This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Patents stimulate technological advance by A) allowing inventors to capture the economic rewards ... (Read 217 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
on: Jun 30, 2018
Patents stimulate technological advance by
 
  A) allowing inventors to capture the economic rewards of their inventions.
  B) making capital more productive.
  C) providing information about the status of technical knowledge in the economy.
  D) enabling the government to determine which potential technological advances firms should pursue.

Question 2

The government might engage in expansionary fiscal policy if it wanted to
 
  A) shift the aggregate demand curve to the left. B) reduce the level of unemployment.
  C) reduce real GDP. D) reduce the price level.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Bison

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


shofmannx20

  • Member
  • Posts: 562
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Technological advances are now so rapid that there can be cultural gaps between generations. Technological advances are now so rapid that there can be cultural gaps between generations.
Global Economic Relationships Global Economic Relationships
economic question economic question
economic question economic question
economic question (having trouble) economic question (having trouble)
Video: Tuberculosis Testing

For a complete list of videos, visit our video library