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What will be an ideal response?
what type of merger is when companies are involved in different steps of manufacturing join together?
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An increase in people's expected future disposable income ________ saving supply, and the supply of loanable funds curve ________
A) decreases; shifts rightward B) does not change; does not shift C) increases; shifts rightward D) increases; shifts leftward E) decreases; shifts leftward
Suppose workers expect the inflation rate to be 3.6 percent and they receive a nominal wage increase of 7.5 percent. If the actual inflation rate turns out to be 2.8 percent, workers will receive a lower real wage than expected
a. True b. False Indicate whether the statement is true or false
The economy’s self-correcting mechanism refers to the way money wages react to either a recessionary gap or an inflationary gap.
Answer the following statement true (T) or false (F)
Refer to the diagrams. With the industry structures represented by diagram:
A. (A) there will be only a normal profit in the long run, while in (B) an economic profit can persist.
B. (A) price exceeds marginal cost, resulting in allocative inefficiency.
C. (B) price equals marginal cost, resulting in allocative efficiency.
D. (B) equilibrium price and quantity will be e and h, respectively.