MFP growth represented by a will be higher than the growth of labor productivity if
A) k > n.
B) k < n.
C) k = n.
D) None of the above. The relative size of k and n do not affect MFP growth.
B
Economics
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Based on this figure, if the krone exchange rate is fixed at $0.15 dollars per krone, then the krone is:
A. overvalued B. undervalued C. devalued D. revalued
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Which oligopoly model(s) have the same results as the competitive model?
A) Cournot B) Bertrand C) Stackelberg D) Both Cournot and Stackelberg
Economics
According to the graph shown, the market price is:
A. $15
B. $9
C. $11
D. $20
Economics
Fish in the ocean would be considered:
A. a common resource. B. a private good. C. a public good. D. an artificially scarce good.
Economics