The trend in recent years is that more and more governments
A) have been granting greater independence to their central banks.
B) have been reducing the independence of their central banks to make them more accountable for poor economic performance.
C) have mandated that their central banks focus on controlling inflation.
D) have required their central banks to cooperate more with their Ministers of Finance.
A
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Refer to the above table. The four-firm concentration ratio is
A) 86.5 percent. B) 33.3 percent. C) 13.3 percent. D) 11.6 percent.
Examples of incentive pay include
a. allowing employees a certain number of personal days b. providing onsite parking for employees c. bonuses for meeting deadlines d. offering a certain number of sick days
Poverty rates among the elderly have risen in the past few decades.
Answer the following statement true (T) or false (F)
Assume that the market for corn is purely competitive. Currently, firms growing corn are suffering economic losses. In the long run, we can expect:
A. New firms to enter causing the market price of corn to fall B. New firms to enter causing the market price of corn to rise C. Some firms to exit causing the market price of corn to fall D. Some firms to exit causing the market price of corn to rise