With the technological developments in the twenty-first century, productivity growth is no longer an important factor in economic well-being.
Answer the following statement true (T) or false (F)
False
You might also like to view...
Horizontal merger occurs when
A) two firms merge where one had sold its output to the other as an input. B) the merger moves the combined firm onto the horizontal portion of its long-run average cost curve. C) two firms merge where each is about the same size. D) two firms producing a similar product merge.
Holey Doughnuts and Clair's Eclairs want to merge. Each has 2 percent of the local pastry market. It is most likely that
a. the Department of Justice would challenge the merger but the Federal Trade Commission would not b. the Federal Trade Commission would challenge the merger but the Department of Justice would not c. the merger will go unchallenged because it will not tend to reduce competition d. the government will successfully challenge the merger because it is a horizontal merger e. the government will successfully challenge the merger because it is a vertical merger
Labor productivity times hours of work equals
a. per capita GDP. b. capital stock. c. population. d. GDP.
A government budget deficit occurs when government revenues exceed government expenditures.
Answer the following statement true (T) or false (F)