There are significant technological barriers to entry that help make the automobile industry oligopolistic
a. True
b. False
Indicate whether the statement is true or false
True
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Assume that A and B are two events in the sample space such that Pr[A/B] is 2/3, Pr[B] is 1/4, and Pr[A] is 1/6 . Applying the Bayesian reasoning calculate the probability Pr[B/A]
a. Pr[B/A]=0 b. Pr[B/A]=0.75 c. Pr[B/A]=1 d. Pr[B/A]=0.5
Which of the following would be considered an example of monetary policy?
A. Provision of additional cash to the banking system. B. A reduction in income tax rates. C. A broad government initiative to reduce the country's reliance on agriculture and promote high-technology industries. D. A decision by a developing country to reduce government control of the economy and to become more market-oriented.
Any reserves that banks hold in excess of required reserves are called
A) excess reserves. B) margin reserves. C) federal reserves. D) surplus reserves.
Among all workers in the U.S. with PhDs, ________ percent are foreign born.
A. 24 B. 1 C. 5 D. 90