× Didn't find what you were looking for? Ask a question
  
  
Top Posters
Since Sunday
22
22
19
18
18
17
17
16
16
16
16
16
New Topic  
wrote...
Posts: 614
Rep: 0 0
A year ago
Suppose that initially there is no public debt. Using the above table, the public debt over this four year period would have
 
  A) increased by 215.
  B) decreased by 100.
  C) increased by 1,375.
  D) decreased by 1,590.



Ques. 2

Which of the following is NOT a common characteristic of oligopoly?
 
  A) strategic dependence among firms in the industry
  B) product differentiation
  C) barriers to entry
  D) marginal cost pricing.



Ques. 3

Which of the following people would be considered unemployed assuming that they are actively seeking employment?
 
  A) those who were fired from their job
  B) those who resigned from their job
  C) new entrants into the job market
  D) All of the above are correct.



Ques. 4

Which of the following is NOT an assumption used in deriving a production possibilities curve?
 
  A) The labor force is growing at a constant rate.
  B) Resources are fully employed.
  C) Technology is constant.
  D) The quantity of resources is constant.



Ques. 5

An oligopoly is a market situation in which
 
  A) there are many firms producing differentiated products.
  B) there is a single firm producing several varieties of a product.
  C) all the sellers act independently of the others.
  D) there are very few sellers and they recognize their strategic dependence on one another.
Read 16 times
2 Replies
Replies
Answer verified by a subject expert
wrote...
Posts: 356
Rep: 1 0
A year ago
(Answer to Q. 1)  A

(Answer to Q. 2)  D

(Answer to Q. 3)  D

(Answer to Q. 4)  A

(Answer to Q. 5)  D
1
Related Topics
wrote...
A year ago
Thank you for being such a great leader
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers.
Learn More
Improve Grades
Help Others
Save Time
Accessible 24/7
  118 People Browsing
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 81

Previous poll results: What's your favorite coffee beverage?
Related Images
 105
 60
 100