"When workers acquire tools, they become more productive.". This statement reflects the general fact that __________ is a determinant of productivity
Fill in the blank(s) with correct word
physical capital per worker
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Which of the following was not illegal under the original Clayton Act?
a. Tying contracts. b. Interlocking directorates. c. Merger by purchase of assets with cash. d. All of these were illegal under the original Clayton Act.
Firms should stop borrowing funds
a. as soon as the bank raises the interest rate. b. when the MRP of borrowed funds is equal to the cost of borrowing. c. whenever the future of the firm looks gloomy. d. if their debts are more than 25 percent of the value of the firm.
U.S. firms wishing to purchase European goods and services are ________ the foreign exchange market.
A. demanders of U.S. dollars in B. supplied Euros by the Fed for use in C. suppliers of Euros in D. suppliers of U.S. dollars in
Exhibit 5-4 Demand curves for silver
?
Assume that a wealthy buyer, Mr. Hunt, declares that he will purchase any amount of silver at a price of $125 an ounce. In Exhibit 5-4, which graph illustrates the shape of the demand curve for silver?
A. Graph A. B. Graph B. C. Graph C. D. Graph D.