The consumption function shows the relationship between consumption and saving
Indicate whether the statement is true or false
F
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A horizontal merger takes place when
A. a firm acquires a competitor. B. similar firms agree to compete. C. firms in different industries merge. D. a firm diversifies by merging with a foreign firm.
Based on the graphs showing price discrimination in movie ticket prices, the demand curve for the matinee ______ the demand curve for the evening show.
a. has a steeper slope than
b. is less elastic than
c. is more elastic than
d. is higher than
GDP per capita
A. Indicates the most efficient use of resources. B. Is real GDP corrected for price level changes. C. Is equal to a nation's GDP divided by its population. D. Does not permit comparisons of the economic welfare of different nations.
When an investor buys a corporate bond, the ________ the bond is a loan to the corporation
A) interest on B) face value of C) coupon payment on D) dividend payment on