Between 1865 and 1914, individuals in households could use the income they did not spend to do what?
(a) Purchase stocks
(b) Buy bonds
(c) Place money in savings accounts
(d) All of the above
(d)
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As the real wage decreases, the quantity of labor demanded ________ and the quantity of labor supplied ________.
A. increases; increases B. decreases; decreases C. decreases; increases D. increases; decreases
Inflation must be high in Moscow because it is very expensive to live there
Indicate whether the statement is true or false
The possible alternatives for an oligopoly range from the monopoly case with ________ to the perfectly competitive case with ________
A) high output; low output B) low prices; high prices C) low profits; high profits D) low output; high output E) no cooperation among the firms; much cooperation among the firms
In a cash acquisition
A) cash is transferred from one firm to another. B) the acquired firm must issue new stock. C) the acquiring firm buys stock. D) the acquiring firm buys the acquired firm's bonds.