Worldwide statistics prove that, when economies experience recessions, unemployment rates rise and wages fall
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Under conditions of first-degree price discrimination
A) production will equal that which would exist under perfect competition. B) production will exceed that which would prevail under perfect competition. C) prices will be lower than under perfect competition. D) production will always be lower than under perfect competition.
Economics
Voting power in the IMF is determined by
A. the population size of member states. B. the length of membership. C. the size of the member nation's trade surplus. D. the quota subscription size.
Economics