There is substantial evidence that antitrust policy has been effective in identifying and prosecuting price-fixing by businesses.
Answer the following statement true (T) or false (F)
True
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________ increases with education, training, and job experience. i. Physical capital ii. Human capital iii. Financial capital
A) i only B) ii only C) iii only D) Both ii and iii E) i, ii, and iii
Refer to the above figure. Suppose that the supply curve shifts from SA to SB while the demand curve remains at DA. Which of the following is TRUE?
A) Only quantity supplied has increased. B) Only quantity demanded has decreased. C) Supply has increased. D) Supply has decreased.
The demand curve for a monopolist is
A) the industry demand curve. B) the same as the demand curve for a perfectly competitive firm. C) a perfectly inelastic demand curve. D) a unitary elastic demand curve.
A country that wants to increase its exchange rate to a higher level than the market exchange rate dictates would most likely adopt:
A. contractionary monetary policy. B. contractionary fiscal policy. C. expansionary fiscal policy. D. expansionary monetary policy.