Which of the following is true according to the IO perspective?
a. Industry structure determines firm conduct which in turn determines firms' performance
b. Industry structure determines firm performance which in turn determines firms' conduct
c. Industry conduct determines firm structure which in turn determines firms' performance
d. Industry performance determines firm conduct which in turn determines firms' structure
a
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Which of the following statements is true?
A) If a bank lends a sum of $600 to a firm, the sum is a part of the bank's liability. B) If a bank lends a sum of $200 to a household, the sum is a part of the bank's liability. C) If a firm deposits a sum of $500 in a bank, the sum is a part of the bank's assets. D) If a firm deposits a sum of $500 in a bank, the sum is a part of the bank's liability.
When marginal utility is positive, total utility is:
A. decreasing. B. at its minimum. C. zero. D. increasing.
Which of the following individuals is most likely to migrate to Switzerland, assuming that all face equally good prospects of securing a good job after arrival?
A. Ricardo is 25 years old, single, and currently lives in Italy. B. Ivan is 50 years old, married, and currently lives in Russia. C. Maria is 40 years old, married with three children, and currently lives in Mexico. D. Tran is 35 years old, single, speaks only Vietnamese and a little English, and currently lives in Vietnam.
A basket of goods costs $800 in the U.S. In Belgium the basket of goods costs 640 euros and the exchange rate is .80 euros per U.S. dollar. In Japan the basket of goods costs 90,000 yen and the exchange rate is 90 yen per dollar. Which country has purchasing-power parity with the U.S.?
a. both Belgium and Japan b. Belgium but not Japan c. Japan but not Belgium d. neither Belgium nor Japan