The idea behind clustering is that each part of a network is ___________ productive operating in isolation, so if governments can push each element of the cluster in unison, they should realize ___________ in productivity.
A. far more; huge gains
B. far less; huge losses
C. far less; huge gains
D. far more; huge losses
C. far less; huge gains
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In a mixed economy, the government plays some role in the working of free markets.
Answer the following statement true (T) or false (F)
What is a Lorenz curve? What is a Gini coefficient?
What will be an ideal response?
While their respective subject matters differ greatly, both microeconomists and macroeconomists rely on the same basic tools; that is, both rely on
a. government contracts to promote research and publications. b. demand-and-supply analysis. c. the economic theory of John Maynard Keynes. d. consumer protection laws and antitrust legislation.
The wealth effect, interest-rate effect, and exchange-rate effect are all explanations for
a. the slope of short-run aggregate supply. b. the slope of long-run aggregate supply. c. the slope of the aggregate-demand curve. d. everything that makes the aggregate-demand curve shift.