What form of production predominates in less developed countries?
A. Service
B. Government
C. Wholesale
D. Agriculture
D. Agriculture
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The four-firm concentration ratio measures
A) profitability. B) economic efficiency. C) technological efficiency. D) competitiveness.
The main issues that macroeconomic studies are
a. interest rates, jobs, and government policies. b. production, costs, and benefits. c. economic growth, unemployment, and inflation. d. choices made by household and businesses.
The amount originally lent by a bondholder is called the:
A. coupon payment. B. principle amount. C. dividend. D. risk premium.
The relationship between the rate of return earned on a bond and the length of time until the bond matures is called the
A. real interest rate. B. interest rate. C. yield curve. D. calendar.