The consolidation in the financial industry into fewer and larger firms:
A. Progressed further in the Financial Crisis of 2007-2008
B. Halted in the Financial Crisis of 2007-2008
C. Slowed down in the Financial Crisis of 2007-2008
D. Was reversed in the Financial Crisis of 2007-2008
A. Progressed further in the Financial Crisis of 2007-2008
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What is the real wage rate?
What will be an ideal response?
Which of these is true of the expected price level in a labor market? a. It is the equilibrium price level in the short run
b. It determines the actual price level in the short run. c. It determines the actual price level in the long run. d. It allows firms and resource owners to make long-term wage agreements. e. The difference between the expected and actual price levels is equal to the actual inflation rate.
A corporation is often financed through stocks and bonds
a. True b. False Indicate whether the statement is true or false
Which of the following is an example of a perfectly competitive market?
A. Apples B. Frozen yogurt shops C. Fast-food D. Cable company