Evidence suggests that financial deepening is of greatest benefit to ________
A) industries that are highly dependent on external sources of funds
B) family-owned enterprises
C) established firms, rather than new firms
D) child workers
A
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If the price of gasoline increases significantly, then we'd expect the demand curve for large hybrid and electric cars to
A. not shift, but there will be a movement along that demand curve. B. shift to the right. C. shift to the left. D. become upward-sloping.
Difficulties in measuring the unemployment rate and its component parts make crafting policy difficult
Indicate whether the statement is true or false
Which of the following best illustrates a vertical merger
a. GM merges with Chrysler b. Nike merges with Kraft Foods c. Microsoft merges with Dell d. UPS merges with FedEx e. Apple merges with IBM
If a firm has a monopoly over the sale of camera drones and seeks to maximize profits, it:
A. adjusts the price of the product until demand becomes perfectly inelastic. B. will set the price of the product so that its marginal revenue equals its marginal cost. C. will set the price of the product equal to the marginal cost of production. D. will set the price of the product equal to the average total cost of production.