China has the largest GDP in the world
a. True
b. False
Indicate whether the statement is true or false
False
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Recall the Application about the merger of Office Depot and Office Max to answer the following question(s).Recall the Application. In 2013, the Federal Trade Commission (FTC) ________ the merger of Office Depot and Office Max by concluding that it would not ________ competition in the retail office-supply market.
A. approved; decrease B. approved; increase C. denied; decrease D. denied; increase
The graph that shows the relationship between the aggregate quantity of output supplied by all the firms in an economy and the overall price level is
A. the aggregate demand curve. B. the production possibilities frontier. C. the aggregate production function. D. the aggregate supply curve.
According to the Taylor rule, if there is a recessionary gap of 2 percent of potential output and inflation is 4 percent, what real interest rate will the Fed set?
A. 0.015 B. 0.025 C. 0.03 D. 0.02
During the antebellum period U.S. tariffs on imported cotton textiles:
a. increased profits for British textile producers. b. decreased the prices of cotton textiles in the U.S. c. were supported by the southern states. d. were harmful to U.S. textile producers and their employees. e. None of the above is correct