One plausible explanation of the U.S. productivity slowdown starting in 1973 is that it is an artifact of mismeasurement. This explanation would require that production of
A) goods is underestimated.
B) goods is overestimated.
C) services is underestimated.
D) services is overestimated.
C
Economics
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A market structure in which a small number of firms compete is called ________
A) a monopoly B) a small-number market C) an oligopoly D) monopolistic competition
Economics
All of the following are roles of a exchange EXCEPT
A) instituting margin requirements on futures contracts. B) marking to market at the end of each day. C) eliminate the need for buyers and sellers of futures contracts to be concerned about the creditworthiness of each other. D) reducing the default risk involving forward contracts.
Economics