Analysis of a proposed merger involves examining its effect only on a market's concentration.
Answer the following statement true (T) or false (F)
False
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Which of the following is not characteristic of successful microfinance organizations:
a. close, continuous contact between borrower and lender b. teams of borrowers who put pressure on each other to repay on time c. relatively small loans for short-term projects d. numerous levels of approval required to ensure that loans are sound e. all of the above characterize successful microfinance organizations
An intermediate good is a good that is
A) neither normal nor inferior. B) used as an input. C) a stand-in for all goods. D) is tangible good that includes substantial services.
One interesting feature of federal government spending in the United States is that:
A. it has historically always been greater than the revenues generated. B. little of it is discretionary. C. the majority of it is discretionary. D. it has historically always been less than the revenues generated, until the last 20 years.
If no fiscal policy changes are implemented to fight inflation, suppose the aggregate demand curve will exceed the current aggregate demand curve by $900 billion at any level of prices. Assuming the marginal propensity to consume is 0.90, this increase in aggregate demand could be prevented by:
a. increasing government spending by $500 billion. b. increasing government spending by $140 billion. c. decreasing taxes by $40 billion. d. increasing taxes by $100 billion.