Inefficiency can be caused in a market by the presence of
a. market power.
b. externalities.
c. imperfectly competitive markets.
d. All of the above are correct.
d
Economics
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All else equal, increases in proprietors' income will ________.
A. increase wages B. increase exports C. increase profits and losses D. increase gross investment
Economics
The equation, ?Y/Y = ?A/A + aK?K/K + aN?N/N, is known as
A) the production function. B) the Solow model. C) the productivity formula. D) the growth accounting equation.
Economics
The segments of a CMO are also called
A) tranches. B) coupons. C) obligations. D) revenues.
Economics
The Herfindahl-Hirschman index (also shortened to just the Herfindahl index) is a measure of ____
a. market concentration b. income distribution c. technological progressiveness d. price discrimination e. none of the above
Economics