The balance of payments measures a stock of transactions during a particular period, usually a year
Indicate whether the statement is true or false
false
Economics
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Cartels:
A. are usually illegal. B. can effectively sustain large profits in the long run. C. can act as if they are a single monopoly. D. All of these statements are true.
Economics
Location is a "fundamental" determinant of the price of any house.
Answer the following statement true (T) or false (F)
Economics
A company office can be thought of as
A) a land and labor combination. B) a trade-off with land. C) physical capital. D) a type of entrepreneurship.
Economics
The income distribution in the United States is
A) positively skewed. B) negatively skewed. C) bell-shaped D) uniform.
Economics