Economic theories, or models, enable us to predict and to give reasonable explanations regarding economic variables
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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In the expansion phase of a business cycle:
A. The inflation rate decreases, but productive capacity increases B. The inflation rate and productive capacity decrease C. Employment increases, but output decreases D. Employment and output increase
Economics
Discuss specific cases that lead to an increase in the concentration and market power from deregulation.
What will be an ideal response?
Economics