According to some economists, when a country's debt-to-GDP ratio exceeds 90 percent:
A. the government will face financial instability
B. the government will have to purchase more long-term securities.
C. the interest rate will fall, reducing debt service payments.
D. it will compel citizens to buy more U.S. debt.
Answer: A
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Which of the following is correct?
a. NCO = NX b. NCO + I = NX c. NX + NCO = Y d. Y = NCO - I
As a monopolist's profit maximizing quantity moves further away from the competitive industry's profit maximizing quantity,
A. the larger the deadweight loss in the market. B. the larger the profits of the monopoly. C. the smaller the deadweight loss in the market. D. the harder it is for the firm to stay as a monopoly.
The above figure shows a motel engaged in monopolistic competition with other motels. The figure above shows the ________ equilibrium in which the motel is ________
A) short-run; earning an economic profit B) short-run; earning a normal profit C) long-run; earning an economic profit D) long-run; earning a normal profit E) short-run; incurring an economic loss
According to the above table, if the fourth and fifth largest firms in the industry merge, the four-firm concentration ratio in the industry will be
A) 82.5 percent. B) 35.8 percent. C) 69.0 percent. D) 84.1 percent.