Entrepreneurs are at the heart of the market process
Indicate whether the statement is true or false
True
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Because of the system defined by the U.S. Constitution, people and media often call the national government in Washington D.C. ______________
Fill in the blank(s) with the appropriate word(s).
If bank with $100 million in assets and $10 million in equity increases its assets by adding $1 to capital for every $1 added to assets:
A. the debt-to-equity ratio will remain constant. B. the debt-to-equity ratio will increase. C. the answer cannot be determined from the information in the question. D. the debt-to-equity ratio will decrease.
Which of the following will be included in the calculation of GDP using the income-based method?
A) Export of food grains to foreign countries B) The value-added by a worker in the production of a good C) A health insurance provided to a worker by the employer D) Money paid to a pharmacist for medicines
Use the above table. If firms 3 and 4 merge, the four-firm concentration ratio will
A. increase from 60 percent to 75 percent. B. decrease from 75 percent to 60 percent. C. increase from 75 percent to 80 percent. D. not change.