A change in wages creates a substitution and income effect on the quantity of labor supplied.

The "East Asian Miracle" of the "Four Tigers" in the 1960s was replicated by

A) developing countries around the world. B) other East Asian countries. C) Sub Sahara African countries. D) Industrialized countries. E) Eastern European countries.

The Justice Department generally challenges any merger that meets the following two conditions: (1) the post-merger HHI exceeds 1,800 and (2) the merger increases the index by more than 100 points

a. True b. False