Economists at which administrative department help enforce the nation's antitrust laws?
Department of Justice
Economics
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Natural monopolies are ________ and ________
A) rival; excludable B) nonrival; excludable C) rival; nonexcludable D) nonrival; nonexcludable
Economics
High real interest rates
A. increase the demand for the domestic currency by foreigners. B. cause decreased job opportunity. C. cause worker productivity to decrease. D. crowd out interest-sensitive expenditures.
Economics
Let the production function be q = ALaKb. Returns to scale are equal to
A) a ? b. B) a + b. C) La + Kb. D) A ? L.
Economics
When government policies change it can:
a. alter incentives b. alter trade-offs c. change opportunity costs d. do all of the above.
Economics