In the short-run, only a limited number of new firms may enter a perfectly competitive market

a. True
b. False
Indicate whether the statement is true or false


False

Economics

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Nigeria would be classified by the International Monetary Fund as

A) a resource-based economy. B) an emerging market economy. C) a transition economy. D) a developing economy. E) an advanced economy.

Economics

The ________ illustrates the relationship between the price level and the quantity of planned aggregate expenditure, holding constant all other factors that affect aggregate expenditure

A) savings line B) 45-degree line C) consumption function D) aggregate demand curve

Economics

According to Hughes and Cain (2011), today's growth in white-collar jobs is fueled by investments in education and does not depend on apprentice-style training or land holdings

Indicate whether the statement is true or false

Economics

Debt can create inflation

Indicate whether the statement is true or false

Economics