A key resource is a material:
A) that is unlimited in supply.
B) that is rationed by the government.
C) that is available to monopolies only.
D) that is essential for the production of a good.
D
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Asymmetric information problems are less severe the __________ the borrowing firm, since there is __________ publicly available information about those firms
A) larger; more B) larger; less C) smaller; more D) smaller; less
Vertical contracts that aim to decrease retailer prices typically
a. Benefit the consumer, hurt the manufacturer and the retailer b. Benefit the manufacturer, hurt the consumer and retailer c. Benefits the consumers, manufacturers and retailers d. Hurts all the manufacturers, consumers and retailers
The baby boom of the post–World War II period had the greatest impact on the size of the U.S. labor force in _____
a. the 1980s b. the 1970s c. the 1960s d. the 1950s e. the late 1940s
Most changes in the money supply are the consequence of a change in the required reserve ratio
a. True b. False