Unlike Germany, Japan has

A) a suppressed corporate debt market.
B) laws against banks holding corporate stock.
C) a large stock market.
D) close ties between a firm and a single bank.


C

Economics

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In their calculation, concentration ratios take barriers to entry into a market into consideration

Indicate whether the statement is true or false

Economics

Which of the following is not correct?

A. Other things equal, a monopsonist will pay a lower wage rate than will a firm hiring labor competitively. B. A monopsonistic employer will pay workers a wage rate equal to their MRP. C. A purely competitive seller will pay workers a wage rate equal to their MRP. D. An imperfectly competitive seller will employ additional workers as long as the MRP of additional workers exceeds their MRC.

Economics

Price elasticity of demand basically measures

A) the reliability of a product. B) the responsiveness of consumers to price changes. C) the variability of price changes. D) the percentage change in market price as a result of a change in demand.

Economics

A rightward shift in the aggregate demand curve can be caused by

A) a decrease in government spending. B) an increase in taxes. C) a decrease in money supply. D) the Fed buying government bonds.

Economics