Bonds are a form of debt
Indicate whether the statement is true or false
True
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All of the following are examples of illegal per se activities except which one?
A) output restrictions B) bid rigging C) price-fixing D) resale price maintenance
Both an increase in employment opportunities and an increase in immigration lead to a shift to the right in the supply curve for labor
Indicate whether the statement is true or false
Referring to a production possibilities curve and the goods being compared, depict the economic event. The AIDS epidemic becomes rampant in America claiming millions of lives (capital goods vs. consumer goods).
A. A movement from a point inside the curve to a point on or near the curve B. A movement from a point on or near the curve to a point inside the curve C. A shift in the entire curve to the right (outward) D. A shift in the entire curve to the left (inward)
Which of the following firms have no market power?
A. clothing companies B. fast food chains such as McDonald's C. theme parks D. gold panners during the gold rush