In the years when the U.S. economy was in debt, the economic growth of the country was significant because it had easy access to capital markets
a. True
b. False
Indicate whether the statement is true or false
False
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In a Cournot duopoly, we find that Firm 1's reaction function is Q1 = 50 - 0.5Q2, and Firm 2's reaction function is Q2 = 75 - 0.75Q1. What is the Cournot equilibrium outcome in this market?
A) Q1 = 20 and Q2 = 60 B) Q1 = 20 and Q2 = 20 C) Q1 = 60 and Q2 = 60 D) Q1 = 60 and Q2 = 20
Research by James Smith indicates that the grandsons of Mexican males who immigrated to the U.S. in the early 1900s
a. have higher levels of education and higher salaries than their grandfathers. b. have lower levels of education, but higher salaries than their grandfathers. c. have about the same level of education as than grandfathers and similar salaries. d. have lower levels of education and lower salaries than their grandfathers.