A market is defined as contestable if entry to it
A. is easy, but exit from it is difficult.
B. and exit from it are both easy.
C. is difficult, but exit from it is easy.
D. and exit from it are both difficult.
Answer: B
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Technological change can increase the demand for loanable funds because it
A) decreases the need for additional equipment. B) increases people's expected future disposable income. C) lowers the interest rate. D) has little effect on production cost. E) can increase the expected profit.
Olga owns her own business. Sven is an unpaid worker in his family's business. Who is included in the Bureau of Labor Statistics' "employed" category?
a. only Olga b. only Sven c. both Olga and Sven d. neither Olga nor Sven
How much is the percentage of income received by the lowest quintile on line R?
Which of the following expressions represents the amount of foreign currency you can obtain with one U.S. dollar?
A) Et B) Eet+1 C) 1/ Eet+1 D) ?t E) none of the above