When firms form a cartel in an oligopoly market, the total output is always the same as if the market were perfectly competitive

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Recent rapid economic growth in India and China has reduced the amount of "brain drain" in those countries

Indicate whether the statement is true or false

Economics

Why does the double taxation of saving occur? Provide a numerical example of the double taxation of saving under a traditional income tax

What will be an ideal response?

Economics