When savings ratios in the United States are above 5 percent, the economy grows at a rate of less than 3 percent

High concentration measures will understate the extent of competition in a market if

A) the true geographical scope of the market is global rather than national. B) entry into the industry is easy. C) the geographical scope of the market is regional rather than national. D) Both answers A and B are correct.

The three components of consumption are durable goods, nondurable goods, and housing construction

Indicate whether the statement is true or false