In response to an unanticipated easing of monetary policy, output ________ at first, then ________ after about four months
A) rises; returns most of the way to its original value
B) falls; returns most of the way to its original value
C) remains roughly unchanged; rises significantly
D) remains roughly unchanged; falls significantly
C
Economics
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Refer to the above table. The four-firm concentration ratio is
A) 86.5 percent. B) 33.3 percent. C) 13.3 percent. D) 11.6 percent.
Economics
Explicit costs
a. require an outlay of money by the firm. b. include all of the firm's opportunity costs. c. include the value of the business owner's time. d. Both b and c are correct.
Economics