As of 2013, the world's population is approximately:
A. 7 billion.
B. 5 billion.
C. 10 billion.
D. 1.2 trillion.
Answer: A
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Which kinds of jobs are migrating from the United States to less developed countries?
a. manufacturing jobs only b. manufacturing, IT, and computer jobs c. IT and computer jobs only d. medical and legal jobs
When a good is non-rivalrous, then there is zero marginal cost to adding an additional user
a. True b. False Indicate whether the statement is true or false
A “near money” is an asset that can be
A. indistinguishable from commodity money. B. spent easily. C. a close substitute for money. D. only issued by a bank.
According to the Justice Department and the Federal Trade Commission, a merger would likely be challenged if
A. the number of firms in the post-merger industry is very large. B. the post-merger industry has an HHI above 500 and the HHI rises by more than 50. C. the post-merger industry has an HHI above 1,500 and the HHI rises by more than 100. D. the firms' markets are very large.