Which statement is false?
A. In general, Japanese firms are more concerned with product quality than American firms are.
B. There is no one explanation for the rising Japanese trade surplus.
C. There is no single remedy for our huge trade imbalance.
D. None of these statements are false.
D. None of these statements are false.
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U.S. capital at the end of 2012 equals U.S. capital at the beginning of 2012 plus
A) gross investment during 2012. B) net investment during 2012. C) nothing, because capital can't change in just one year. D) gross investment during 2012 minus net investment in 2012. E) depreciation during 2012 minus gross investment during 2012.
Of the types of business organizations in the United States, sole proprietorships account for the ________ percentage of firms and the ________ percentage of profits
A) smallest; smallest B) largest; largest C) smallest; largest D) largest; smallest
The figure below presents information for a one-shot game.Firm AFirm B??Low PriceHigh Price?Low Price(2,2)(10,-8)?High Price(-8,10)(6,6)What are dominant strategies for firm A and firm B respectively?
A. (high price, low price) B. (low price, low price) C. (low price, high price) D. (high price, high price)
A decrease in expected profit
A) lowers the equilibrium real interest rate. B) decreases the supply of loanable funds. C) increases the supply of loanable funds. D) increases the demand for loanable funds. E) raises the equilibrium real interest rate.