One of the most controversial features of the Maastricht Treaty is
A) the lack of ability of individual countries to set their own monetary policies.
B) increased control of health and safety measures by the European Commission.
C) the free movement of labor throughout Europe.
D) the elimination of passport controls in parts of Europe.
A
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Markets in which the Herfindahl-Hirschman index ________ are considered moderately concentrated
A) is less than 1,000 B) is zero C) is between 1,000 and 1,800 D) is above 1,800
The "mode" household income is
A) the income that separates households into two equal groups. B) the most common level of household income. C) the mean household income. D) the average household income.
Suppose that the production function is Y = AK0.35L0.65, the number of workers equals 800, the capital stock is $150,000, and real GDP is $750,000. What is the value of total factor productivity?
What will be an ideal response?
Which of the following statements about mutual funds is correct?
a. A mutual fund is a financial intermediary. b. A mutual fund acquires its funds primarily by selling shares to the public. c. People who buy shares from a mutual fund accept all of the risk and return associated with the mutual fund's portfolio. d. All of the above are correct.