Keynesians believe the economy can be managed using monetary and fiscal policy.
Answer the following statement true (T) or false (F)
True
Economics
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A Herfindahl index of 5,000 would indicate:
a. a monopoly. b. a duopoly (two firms) with equal shares. c. an oligopoly with three firms. d. a monopolistically competitive industry. e. a perfectly competitive market.
Economics
A very high Gini coefficient implies a very wealthy country
Indicate whether the statement is true or false
Economics
What does GGD stand for?
(a) Government's Great Deeds. (b) General Government Deficit. (c) General Government Debt. (d) General Government Defence.
Economics
A ________ means that government spending and taxes are equal. Group of answer choices
A. fiscal budget B. contractionary fiscal policy C. discretionary fiscal policy D. balanced budget
Economics