The highest form of competition is called
a. absolute competition.
b. cutthroat competition.
c. perfect competition.
d. market competition.
c
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Unemployment rates in many continental European countries have been consistently higher compared to the United States. The difference is mostly
a. due to differing monetary policies b. cyclical unemployment c. frictional unemployment d. structural unemployment e. seasonal unemployment
Which statement is false?
A. Foreigners have reinvested most of the dollars they have earned trading with us in U.S. government and corporate securities, real estate, and direct investment in plant and equipment. B. Until the early 1980s Americans were investing much more in foreign countries than foreigners were in the United States. C. Our capital and current accounts add up to zero. D. None of these statements are false.
Aggregate demand (price) & GDP
What will be an ideal response?
The marginal cost is the slope of the:
a. marginal product curve. b. total cost curve. c. total product curve. d. long-run average total cost curve.