According to William Shepherd, the total assets of the top 100 firms in the United States have been declining, mostly in response to increased imports
a. True
b. False
B
You might also like to view...
Which of the following components of government spending and revenue serves as an automatic stabilizer?
a. the wealth effect b. the multiplier c. unemployment insurance d. military spending e. property taxes
Bonds can be risky investments because
a. bondholders are paid from whatever remains after stockholders have been paid what the corporation owes them. b. if the corporation loses its assets, the bondholders may never recover their investments. c. the general price level may fall. d. the voting power of an individual bondholder may be more apparent than real.
According to purchasing-power parity, if it took 55 Indian rupees to buy a dollar today, but it took 58 to buy it a year ago, then the dollar has
a. appreciated, indicating inflation was higher in the U.S. than in India. b. appreciated, indicating inflation was lower in the U.S. than in India. c. depreciated, indicating inflation was higher in the U.S. than in India. d. depreciated, indicating inflation was lower in the U.S. than in India.
This prisoner's dilemma game shows the payoffs associated with two firms, A and B, in an oligopoly and their choices to either collude with one another or not.
According to the matrix shown, the profit-maximizing outcome for the firms is:
A. to act like a monopolist and both collude. B. for Firm A to compete and Firm B to collude. C. to both compete. D. for Firm B to compete and Firm A to collude.