The real interest rate, business taxes, expected profits and business confidence, and capacity utilization are embedded in the slope of the investment function
Indicate whether the statement is true or false
FALSE
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If a company offers a discounted price to college students, the legality of the practice will be evaluated under Section ________ of the Clayton Act.
A) 2 B) 3 C) 7 D) 8
When marketing makes customers better informed about all firms in the market: a. demand curves for specific brands in the market are likely to become less elastic. b. each firm is likely to have less market power
c. firms are better able to foster stronger brand loyalty. d. the market power of individual firms is strengthened.
Suppose that some country had an adult population of about 46 million, a labor-force participation rate of 75 percent, and an unemployment rate of 8 percent. How many people were employed?
a. 2.76 million b. 31.74 million c. 34.5 million d. 42.32 million
A purpose of advertising is to make the:
A. demand for one's product less inelastic. B. supply for one's product less elastic. C. market closer to perfectly competitive. D. demand for one's product more inelastic.