The rate of return on capital is
A) much higher in rich countries than in poor countries.
B) much lower in rich countries than in poor countries.
C) not substantially higher in poor countries than in rich countries.
D) not substantially higher in rich countries that in poor countries.
C
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The government debt is the difference between the current level of total expenditures and revenues
Indicate whether the statement is true or false
The combination of barriers to entry that create monopolies and the product differentiation that characterizes monopolistic competition provide the setting for the creation of an oligopoly
a. True b. False Indicate whether the statement is true or false
A market structure characterized by a small number of interdependent sellers is called a(n)
A) monopoly. B) monopolistic competition. C) monopsony. D) oligopoly.
Refer to the data. If product price is $75, the firm will produce:
A. 3 units of output.
B. 4 units of output.
C. 5 units of output.
D. 6 units of output.