With which choice are you more likely to avoid Bid-rigging cartels?
a. Holding smaller auctions
b. Holding larger auctions
c. Holding frequent auctions
d. Both B&C
b
You might also like to view...
Decisions to cut taxes are made by ________ and are an example of ________ policy.
A. the Federal Reserve; fiscal B. Congress; fiscal C. Congress; monetary D. the President; monetary
What are menu costs?
A) the cost to a household of borrowing money when there is deflation B) the opportunity cost of dining in a restaurant instead of at home C) the costs to a firm of changing prices D) the full list of a firm's costs of production
In the aggregate expenditures model, if aggregate expenditures (AE) equal $4 trillion and GDP equals $3 trillion, then:
a. inventory depletion equals ?$1 trillion. b. inventory accumulation equals $1 trillion. c. investment equals ?$1 trillion. d. investment equals $1 trillion.
The results of a 2008 Los Angeles Times poll suggest that a significant majority of Americans believe that free international trade helps the American economy
a. True b. False Indicate whether the statement is true or false