In the postwar period, the share of GDP of which of the following has increased the most?
a. State companies
b. Agriculture
c. Industry
d. State regulated utilities
e. Government spending
E
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The figure above shows the relationship between the time a student spends studying and the student's GPA that semester. The slope of the relationship at point A equals
A) 3. B) 3/20. C) 2/20. D) 1/20. E) 0.
In a situation where both firms in a two-firm, balanced oligopoly choose to avoid the worst case scenario
a. both firms will end up in the worst case b. both firms end up in a Nash equilibrium outcome c. only one firm will survive d. both firms end up charging different prices e. both firms end up with different profit margins
Graphically long-run equilibrium occurs at the intersection of the aggregate demand curve and the:
A. expenditure line. B. long-run aggregate supply line. C. short-run aggregate supply line and the long-run aggregate supply line. D. short-run aggregate supply line.
Basis may change if
A. a new ethanol plants is built locally. B. a large capacity train terminal is built by CGB. C. a drought resulted in a short crop. D. All of the above.