Vertical relationships can increase profits through
a. preventing firms from evading regulation
b. creating a double-markup problem
c. making the incentives of manufacturers and retailers unaligned
d. facilitating price discrimination
d
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The concept of odious debt implies
(a) an excessive debt. (b) a debt that is not the responsibility of the nation's people. (c) a large debt burden. (d) the total external debt of a nation's people.
Which resource is the main contributor to economic growth in the United States, Latin America, and South Asia?
A) growth in physical capital B) growth in human capital C) growth in labor D) growth in natural resources
When creating market demand curves for privately produced and privately consumed goods, we must
A. add the price paid at each quantity. B. take an average of the price paid at each quantity. C. add the quantity demanded at each price. D. take an average of the quantity demanded at each price.
Monetarists argue that the relationship between the amount of money which households and businesses want to hold and the level of national income
A. has decreased historically because of increased accessibility to credit. B. rises during recession and falls during periods of full employment. C. falls during recession and rises during periods of full employment. D. is stable.