Which of the following countries' economic development began with government encouragement of cartel formation?
a. United States
b. Israel
c. Brazil
d. Germany
e. Canada
D
Economics
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Suppose that the marginal propensity to save (MPS) equals 0.8. The value of the multiplier would be
A) 0.2. B) 0.8. C) 1.25. D) 5.0.
Economics
Refer to the graph shown. What distance represents average profits?
A. BF B. AB C. FW D. AF
Economics
Suppose a competitive market with adverse selection has settled into a pooling equilibrium where everyone is offered the same price. If firms then screen consumers, the outcome may and may not be more efficient.
Answer the following statement true (T) or false (F)
Economics
The perceived specie shortage led colonists to invent:
(a) Country money (b) Paper money (c) Inflationary dollars (d) Conservative money
Economics