The two economists associated with the development of the theory of monopolistic competition were
A) Joan Robinson and Edward Chamberlin.
B) David Hume and Adam Smith.
C) John Neville Keynes and John Maynard Keynes.
D) Carl Menger and Eugen Von Bohm-Bawerk.
A
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Economic experience since 1973 indicate that, under floating exchange rates
A) large and persistent departures from external balance were not prevented. B) large and persistent departures from external balance were prevented. C) changes in exchange rates failed to act as automatic stabilizers. D) reduced monetary policy autonomy. E) monetary policy autonomy was protected.
Distinguish between investment goods and consumption goods. If you buy a car, is it investment or consumption? What if IBM buys a car? Are inventories a consumption or investment good?
What will be an ideal response?
Which federal agency would handle claims of workplace discrimination?
a. north american employment equality agreement b. general agreement of tariffs and trade c. equal employment opportunities commission d. fair employment practice commission
People who drive fuel-efficient vehicles tend to recycle more often than people who drive gas guzzlers. This is an example of
A. difference-in-differences. B. correlation. C. statistical significance. D. causation.