Oligopolies can arise as a result of both natural barriers and government created barriers
a. True
b. False
Indicate whether the statement is true or false
True
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Suppose an individual firm is comparing two investments, a one year bond from a U.S. firm paying 4% or a one year bond from a German firm which is paying 6%. The current dollars-per-euro rate is 0.75, and the expected rate in one year is 0.78
If the expected rate is correct, which investment will yields a covered interest arbitrage opportunity? A) The U.S. Bond B) The German Bond C) They will have the same return D) This cannot be determined from the information given.
List the four types of efficiency-wage theory
Refer to the above diagram for the milk market. There would be a shortage of milk whenever the price is:
Higher than $2.00 per gallon Lower than $1.50 per gallon Higher than $1.50 per gallon Lower than $2.00 per gallon
What is the potential money multiplier if the reserve requirement is 4%?
a) 2.5 b) 4 c) 14 d) 25