Increases in stock market wealth have caused Americans to increase their saving rate

a. True
b. False
Indicate whether the statement is true or false


False

Economics

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A payday loan company has decided to open several new locations in the city. To decide where to open these locations it hires consultants and decides to pay them per location opened. The company should expect to see

a. A large number of badly selected stores b. A large number of well selected stores c. A small number of well selected stores d. A small number of badly selected stores

Economics

Monopolistic competition means:

A. a market situation where competition is based entirely on product differentiation and advertising. B. a large number of firms producing a standardized or homogeneous product. C. many firms producing differentiated products. D. a few firms producing a standardized or homogeneous product.

Economics

In the payoff matrix:



A.  both firms have a dominant strategy.
B.  neither firm has a dominant strategy.
C.  Alpha has a dominant strategy, but Beta does not.
D.  Beta has a dominant strategy, but Alpha does not.

Economics

All points below a given indifference curve are

A) less preferred to any point on the indifference curve. B) preferred to any point on the indifference curve. C) definitely affordable. D) Both answers A and C are correct.

Economics