More than 50% of the elderly receive private pensions
Indicate whether the statement is true or false
F
Economics
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The short-run supply curve for a perfectly competitive firm is that part of the firm's marginal cost curve that lies above the minimum point of its average variable cost curve
Indicate whether the statement is true or false
Economics
When demand falls and supply rises, equilibrium price will _____ and equilibrium quantity will _____.
Fill in the blank(s) with the appropriate word(s).
Economics
Which concept do some scholars use to explain the growth in free trade after World War II?
a. regionalization b. voluntary export restraint c. embedded liberalism d. hegemonic stability
Economics
A short run price elasticity of demand of -0.20 suggests a price flexibility of ________
Fill in the blank(s) with correct word
Economics