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cappadelta cappadelta
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6 years ago
Which of the following assumes the neutrality of money?
 
  A. Classical free-trade theory
  B. The comparative advantage theory
  C. Marxism
  D. Neoclassical free trade theory
  E. Mercantilism


In most industries, established firms have a decided advantage against start-ups due primarily to their access to:
 
  A. markets
  B. capital
  C. marketing
  D. labor
  E. technology


The fact that Apple releases a new version of its iPhone every few years, making the previous one outdated, illustrates Schumpeter's principle of creative:
 
  A. innovation
  B. demand
  C. destruction
  D. marketing
  E. supply


When the government tries to stimulate sales of homes by offering tax benefits for first-time homebuyers, this is an example of _______ policy.
 
  A. fiscal
  B. monetary
  C. tax
  D. recession
  E. macroeconomic


ALL BUT WHICH of the following account for the existence of a comparative advantage?
 
  A. Labor
  B. Capital
  C. Land
  D. Resources
  E. Regime
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Chocolate!Chocolate!
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3 years ago
thanks
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