The opportunity cost of holding money increases when:
a. the interest rate rises
b. the interest rate falls.
c. the price level falls.
d. nominal GDP rises.
e. nominal GDP falls.
a
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The cookie industry in Eatsweetland consists of 15 firms. The industry sales are $80 million per month. The sales of the largest 5 firms are shown in the table below. The rest 10 firms have sales of $3 million each
What is the four-firm concentration ratio in Eatsweetland's cookie industry? A) 63 percent B) 44 percent C) 87 percent D) 56 percent
What are the conditions for long-run equilibrium?
What will be an ideal response?
A more stable political climate could benefit productivity just like a technological improvement could
Indicate whether the statement is true or false
Direct controls
A. rely on the criminal justice system for enforcement. B. will be successful if a penalty is put in place. C. can easily be enforced. D. is a comparable method to emissions taxes.