Large corporations dominate the planet's economy.
Indicate whether the statement is true or false.
Ans: True
You might also like to view...
Where does the interest rate fit into the accelerator hypothesis of investment?
A) It helps determine the error-learning parameter, j. B) It helps determine the ratio of desired capital to expected sales, v*. C) It helps determine the depreciation ratio of capital stock to replacement investment. D) Nowhere: the hypothesis says that investment is independent of the interest rate.
Product differentiation in monopolistically competitive markets ensures that ____ in equilibrium
a. marginal cost will exceed average revenue b. price will exceed marginal cost c. average variable cost will be declining d. marginal revenue will equal average total cost
The U.S. economy rarely grows
a. True b. False Indicate whether the statement is true or false
If the nominal interest rate is 8 percent and the inflation rate is 3 percent, then the real interest rate equals:
A. 8 percent. B. 11 percent. C. 3 percent. D. 5 percent.