The tobacco, healthcare wholesale, and beverage industries all have a concentration ratio of over _____.
A. 10
B. 50
C. 80
D. 100
C. 80
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Which of the following would reduce the labor force participation rate, all else equal?
A) an increase in the working-age population B) an increase in the unemployment rate C) a decrease in the unemployment rate D) an increase in the number of people in the labor force
Firms are more likely to find themselves in a prisoner's dilemma in sequential games as opposed to simultaneous games
Indicate whether the statement is true or false
The slope of the BP curve reflects the
A) ease with which capital flows across a nation's borders. B) inflation rate of the country. C) sensitivity of income to changes in the inflation rate. D) ease with which the central bank can keep an exchange rate fixed.
The utility of a good measures its satisfaction rather than its usefulness
a. True b. False Indicate whether the statement is true or false