Evidence suggests that mergers and increased profitability do not necessarily go hand in hand
Indicate whether the statement is true or false
True
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If the price of smoothies is $3.50 in the United States and the exchange rate is 110 yen per dollar, then what is the yen price of smoothies?
A) 110 yen B) 240 yen C) 318 yen D) 385 yen
The basic RBC model produces ________ movements in the real wage, which in fact are ________ in the statistical evidence
A) countercyclical, found B) countercyclical, not found C) procyclical, found D) procyclical, not found
Fixed costs are:
A. costs that depend on the quantity of output produced. B. costs that don't depend on the quantity of output produced. C. inputs costs that stay the same price per unit. D. costs that are negotiated to stay the same throughout the life of a contract.
There are losers and winners from a taxi medallion policy. The losers are consumers and the winners are the people who receive a medallion.
Answer the following statement true (T) or false (F)