The theory of creative destruction implies that too much competition leads to monopolies
Indicate whether the statement is true or false
F
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The capital and financial account balance is equal to
A) the value of exports of U.S. capital goods minus the value of imports of capital goods into the United States. B) exports minus imports. C) foreign assets owned by the United States minus U.S. assets owned by foreigners. D) U.S. investment abroad minus foreign investment in the United States. E) foreign investment in the United States minus U.S. investment abroad.
When a home builder decides to computerize all of its production schedule, it directly answers the ________ question
A) for whom B) what C) where D) how E) why
Which of the following is an administered interest rate set by commercial banks?
A) The discount rate B) The federal funds rate C) The prime rate D) The commercial paper rate
The economy of the former Soviet Union is best described as a
a. primitive economy. b. market economy. c. hybrid economy. d. centrally-planned economy.