Firms in a perfectly competitive market usually enter or leave an industry in the short-run and not in the long-run
Indicate whether the statement is true or false
F
You might also like to view...
In the table above, country A is producing 4 units of X and 8 units of Y and country B is producing 4 units of X and 6 units of Y. The opportunity cost of producing more of
A) good X is the same for both countries. B) good Y is the same for both countries. C) good X is lower in country A. D) good Y is lower in country A.
Which of the following actions by the Fed would increase the money supply?
a. Increasing the required reserve ratio. b. Selling government bonds in the open market. c. Increasing the discount rate. d. Reducing the required reserve ratio.
The Federal Deposit Insurance Corporation insures demand deposit accounts so that, in the event of a bank failure, depositors will not lose any money
Indicate whether the statement is true or false
Proposals for bilateral reduction of tariffs in the U.S. and France have been developed through
A. CAFTA. B. NAFTA. C. UNESCO. D. GATT.