If inflation rises more quickly in the United States than in France, U.S. exports to France should rise
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is not a commonly-cited explanation for the dramatically increasing labor-force participation rates for women from 1950 to the present?
a. availability of reliable birth control b. invention of household labor-saving devices such as dishwashers and microwave ovens c. an increasing number of women who work to support their parents d. changing social attitudes about working mothers
The multiplier measures the:
A. number of times each dollar is spent in the economy. B. effect of government spending or tax cuts on national income. C. supply of money in the economy. D. effect of household spending on national income.
A bank develops specialized skills in analyzing companies from one specific industry. This contributes significantly to the bank achieving economies of scale because a large portion of its total loan portfolio is made up of companies in this industry. What are the long-run profit prospects for this bank? Explain.
What will be an ideal response?
Which of the following is NOT a cause for an oligopoly to exist?
A) economies of scale B) structural dependence C) barriers to entry D) horizontal mergers