Because checking accounts are ________ liquid for the depositor than savings accounts, they earn ________ interest rates
A) less; higher
B) less; lower
C) more; higher
D) more; lower
D
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The average unemployment rate was lowest during what period?
A) 1980-1990 B) 1950-1970 C) 2000-2010 D) 1980-2000
Which of the following statements best describes countries with controlled economies in the 1970s?
a. Countries with controlled economies in the 1970s, historically had very low rates of measured inflation—because prices were forbidden to rise by law, except for the cases where the government deemed a price increase to be due to quality improvements. b. Countries with controlled economies in the 1970s, historically had very high rates of measured deflation—because prices were forbidden to rise by law, except for the cases where the government deemed a price increase to be due to quality improvements. c. Countries with controlled economies in the 1970s, historically had very low rates of measured deflation—because prices were forbidden to rise by law, except for the cases where the government deemed a price increase to be due to quality improvements. d. Countries with controlled economies in the 1970s, historically had no inflation—because prices were forbidden to rise by law, except for the cases where the government deemed a price increase to be due to quality improvements.
Suppose there are 8 firms in an industry, and each has a different market share. If the largest firm has twice the market share of the second largest, which has twice the market share of the third largest (and so on to the eighth firm), what is the approximate four-firm concentration ratio?
a. 65 percent b. 84 percent c. 94 percent d. 60 percent e. 50 percent
How might a person who lacks self-control behave differently than a rational consumer?
a. He would not try to maximize his marginal utility. b. He would overvalue the opinions of his friends. c. He would discount the future value of behaviors. d. He would be biased by the information he hears first.