Efficiency is an important motive for merger
Indicate whether the statement is true or false
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Which of the following groups of people will NOT be considered as employed?
A) Government representatives earning a fixed salary every month B) Housewives raising kids at home C) Paid workers in the agricultural sector of a country D) Teachers in public schools
If saving equals $200 when real disposable income equals $1,000, the break-even income is
A) less than $1,000. B) greater than $1,000. C) equal to $1,000. D) equal to $1,200.
If two groups disagree about a policy, a smaller group that experiences higher benefits per person can be:
A. the one less likely to get its way. B. as successful as a larger group with smaller benefits per person, but typically not more. C. more difficult to bargain due to the small size of the group. D. the one more likely to get its way.
When the price of corn falls relative to the price of wheat, the market supply of wheat (which can be grown on the same land) is likely to increase
a. True b. False Indicate whether the statement is true or false