Ebay's use of "bidding agents" will
a. effectively turn an English auction into a Vickery auction
b. effectively turn a Vickery auction into an English auction
c. decide how much to shade your bid for you
d. make you a more aggressive bidder
a
Economics
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In the long run, a firm can vary
A) its capital but not its labor. B) its labor but not its capital. C) both its labor and its capital. D) neither its labor nor its capital.
Economics
Suppose real GDP is $12.6 trillion and potential GDP is $12.4 trillion. To move the economy back to potential GDP, Congress should
A) lower government purchases by $200 billion. B) raise taxes by $200 billion. C) lower government purchases by an amount less than $200 billion. D) lower taxes by $200 billion. E) raise taxes by an amount more than $200 billion.
Economics