A line that slopes downward from left to right has a positive slope.
Answer the following statement true (T) or false (F)
False
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If the reserve requirement were 15% percent, the value of the monetary multiplier would be
A. 5.50. B. 8.54. C. 7.32. D. 6.67.
Cooperation is ________ likely in a repeated game because it ________ possible for players to punish each other for cheating.
A) more likely; is not B) less; is C) more; is D) less; is not
A craft labor union is made up of
A) groups of workers in an individual trade. B) all the workers in a firm such as General Motors. C) firms that employ similar labor skills. D) an organization that controls the labor market in a particular industry.
Gigantic Corporation follows a strategy of waiting for rivals to innovate, then quickly imitating any successful innovations. This behavior is known as:
A. collusion. B. an entrepreneurial strategy. C. a fast-second strategy. D. pricing the demand curve.