In a constant-cost industry, input prices remain constant as:
a. the supply of inputs fluctuates.
b. firms encounter diseconomies of scale.
c. workers become more experienced.
d. firms enter and exit the industry.
d
Economics
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The opening of a new American-owned factory in Algeria would tend to increase Algeria's GDP more than it increases Algeria's GNP because some of the income from the factory accrues to people who do not live in Algeria.
a. true b. false
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Which of the following assigns widely-followed bond ratings?
A) Standard & Poor's Corporation B) Securities and Exchange Commission C) Federal Reserve D) IBM
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