Census data clearly shows the United States economy is becoming increasingly more oligopolistic
Indicate whether the statement is true or false
F
You might also like to view...
Poverty is
a. a relative concept b. an absolute concept c. more prevalent in North American countries than in other areas d. an insufficient income level to purchase all necessities e. the same in all countries
What are the factors that can shift the supply of financial capital to a certain investment?
a. if people do not want to alter their existing levels of risk b. if the riskiness or return on one investment is the same as other investments c. if the riskiness or return on one investment changes relative to other investments d. if people do not want to alter their existing levels of consumption
If the CPI was 95 in 1955 and is 475 today, then $100 today purchases the same amount of goods and services as
a. $4.75 purchased in 1955. b. $20.00 purchased in 1955. c. $95.00 purchased in 1955. d. $500 purchased in 1955.
Exhibit 8-1 Disposable income and consumption data Disposable Income(Y) Consumption(C) 0 500 1,000 1,400 2,000 2,200 3,000 2,900 4,000 3,500 5,000 4,000 In Exhibit 8-1, when disposable income is increased from $2,000 to $3,000 to $4,000, the marginal propensity to consume
A. remains constant. B. increases from 0.6 to 0.7. C. decreases from 0.8 to 0.7. D. decreases from 0.7 to 0.6.