The economic analysis of imperfect competition was originated by
A) Edward Chamberlain. B) Joan Robinson.
C) Both A and B D) none of the above
Answer: C
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Which branch of economics is most likely to study differences in countries' growth rates?
A. microeconomics B. normative economics C. experimental economics D. macroeconomics
According to the U.S. balance of payments accounts in 2012, U.S. international borrowing is used for
A) private saving and public consumption. B) private and public investment. C) private consumption. D) private and public saving. E) government expenditure.
A perfect price discriminator
A) charges the maximum price for each unit that consumers are willing to pay. B) is able to convince consumers to pay more for each unit than they are willing to pay. C) is unable to make an economic profit. D) disregards the market demand curve.
_____ occurs when mothers are trying to re-enter the workforce after a long break for child birth
a. Frictional unemployment b. Structural unemployment c. Seasonal unemployment d. Cyclical unemployment