Most economists believe that technology ______.
a. drives productivity and growth
b. increases natural resources
c. hinders physical capital
d. limits free markets
a. drives productivity and growth
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Firm A’s motive in filing an antitrust suit against Firm B may be to
A. create an expensive nuisance for Firm B. B. allow Firm A to acquire Firm B. C. gain an exclusive supply contract from Firm B. D. expose Firm B’s cheating on their cartel agreement.
Which group has the lowest percentage of members with college degrees?
a. black women b. black people overall c. white women d. white people overall
Suppose that Argentina's dollar-denominated external assets and liabilities are $10 billion and $100 billion, respectively, and its Argentine peso-denominated external assets and liabilities are each 50 billion pesos (P). Suppose further that Argentina fixes its exchange rate at P1 = $US1. How was Argentina's net external wealth affected as a result of the devaluation of the peso (from P1 = $US1 to P3 = $US1)?
A) Net external wealth rose. B) Net external wealth fell. C) Net external wealth was not affected. D) One cannot determine how net external wealth was affected with the information provided
The major focus of the Clayton Act is to prevent the development of monopolies.
Answer the following statement true (T) or false (F)