According to the Treaty of Maastricht, a euro applicant must have a total outstanding government debt that does not exceed 60% of its GDP.

a. true
b. false


a. true

Economics

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From the late 1960s to the late 1980s, SAT scores in the United States

a. help explain the productivity increases. b. rose consistently throughout the period. c. declined throughout the period. d. indicated improving workforce quality.

Economics

An oligopoly that has two dominant strategies is called a duopoly

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

Economics

The table above gives the purchases of an average consumer in a small economy. (These consumers purchase only loaves of bread and jugs of soda.) Suppose 2010 is the reference base period

a. What quantities are in the CPI market basket? b. What is the cost of the CPI market basket using 2010 prices? c. What is the cost of the CPI market basket using 2011 prices? d. What is the CPI in 2011?

Economics

In the above figure, if the milk industry is perfectly competitive, then the firm's marginal revenue curve is represented by

A) curve F. B) curve G. C) curve H. D) curve I.

Economics