Companies that have integrated their supply chains internationally tend to lobby their home governments for increased protectionist measures.
a. true
b. false
b. false
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High concentration measures will understate the extent of competition in a market if
A) the true geographical scope of the market is global rather than national. B) entry into the industry is easy. C) the geographical scope of the market is regional rather than national. D) Both answers A and B are correct.
When the investment is graphed as a function of real GDP
A) it graphs as a vertical straight line. B) it graphs as a 45-degree line starting at the indicated level of investment. C) it graphs as a negatively sloped line indicating the inverse relationship between interest rates and investment. D) it graphs as a horizontal straight line at the level of investment.
If the Federal Reserve wanted to expand the money supply in order to increase output, it should
a. sell government bonds, which will increase the money supply; this will cause interest rates to fall and aggregate demand to rise. b. buy government bonds, which will increase the money supply; this will cause interest rates to fall and aggregate demand to rise. c. increase the discount rate, which will raise the market rate of interest; this will cause both costs and prices to rise. d. decrease taxes, which will reduce costs and cause prices to fall.
Adults who were waiting to be recalled to a job from which they had been laid off are included in the Bureau of Labor Statistics' "employed" category
a. True b. False Indicate whether the statement is true or false