Growing capital spending and privatization were two of the factors due to which the U.S. economy experienced a strong recovery in 1994
a. True
b. False
Indicate whether the statement is true or false
False
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So long as production in the oligopoly still occurs, recurring fixed costs have no impact on output under Cournot competition but do have an impact under Bertrand competition.
Answer the following statement true (T) or false (F)
Which of the following is the most important protection against fears of bank collapse?
a. The Federal Reserve. b. The Federal Reserve Open Market Committee. c. The Federal Deposit Insurance Corporation. d. The gold and silver that backs Federal Reserve notes.
In a perfectly competitive market, economic forces are controlled by government policy makers.
Answer the following statement true (T) or false (F)
Assume a competitive market has firms earning large economic profits. What is expected to happen over time in this competitive market and to firm's profits?
What will be an ideal response?