A private equity firm is a group of investors that buys up the publicly traded stock of a large corporation and then takes the corporation private
Indicate whether the statement is true or false
True
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Prospective sunk costs
A) are relevant to economic decision-making. B) are considered as investment decisions. C) rise as output rises. D) do not occur when output equals zero.
An increase in both supply and demand causes which of the following?
a. equilibrium price falls b. equilibrium price rises c. equilibrium price change is indeterminate d. equilibrium quantity decreases e. equilibrium quantity change is indeterminate
Monetary policy and fiscal policy influence
a. output and prices in the short run and the long run. b. output and prices in the short run only. c. output in the short run and the long run. d. output in the short run only.
Related to the Economics in Practice on p. 710: According to the World Bank, of the following countries, which one has the lowest controls on corruption?
A. India B. Germany C. Nigeria D. China