Which of the following statements about crowding out is false?
a. It is not caused by a budget surplus.
b. It is caused by a budget deficit.
c. It can completely offset the multiplier.
d. It affects interest rates and not economic growth.
d
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If a market is shared equally by 100 firms, the Herfindahl-Hirschman Index is
A) 1/100. B) 1/50. C) 50. D) 100.
A predatory pricing strategy will have the greatest chance of success when the predatory price is set below the cost of the firm's competitors, new rivals are unlikely to enter after the strategy ends, and profits can be recouped in a relatively
short period of time. Indicate whether the statement is true or false
There is an increase in the demand for cream when the price of coffee falls. Other things constant, we can conclude that coffee and cream are
A) substitute goods. B) inferior goods. C) independent goods. D) complementary goods.
The Federal Reserve System is an independent body, so it does not require to report to Congress on its goals and money targets
a. True b. False Indicate whether the statement is true or false