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In 1998, the U.S. Congress enacted the Copyright Term Extension Act (also called the Sonny Bono Act) which extended the term of copyright. We would

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In 1998, the U.S. Congress enacted the Copyright Term Extension Act (also called the Sonny Bono Act) which extended the term of copyright. We would expect the Act to

??A. decrease diffusion.

??B. decrease the expected rate of return.

C. increase the cost of funds.

D. increase diffusion.

image text in transcribedimage text in transcribed
Wage Rate Quantity of Labor Refer to the graph. A move from b to 3 along labor demand curve D1 would result from O A. an increase in the demand for the product that this labor is helping to produce. 0 B. a decrease in the price of a substitute resource, assuming that the substitution effect exceeds the output effect. 0 C. a decrease in the wage rate. O D. an increase in the wage rate. The following diagram is a flexible exchange market for foreign currency Dollar Fire. of One Euro 8 8 o 2'. Quantity of Euros Refer to the diagram. Other things equal, a rightward shift of the demand curve would O A. reduce the equilibrium quantity of euros. O B. depreciate the dollar. 0 C. appreciate the dollar. 0 D. depreciate the euro

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