David Myers, former controller for WorldCom, pleaded guilty to falsely reporting costs for WorldCom that were ________ than they actually were, resulting in reported accounting profits for WorldCom that were ________ than their actual level

A) higher; higher B) higher; lower C) lower; lower D) lower; higher

D

Economics

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Negative real shocks and negative demand shocks:

A. commonly come together. B. are shown in the AD/AS model in the same way. C. usually do not happen at the same time. D. have the same basic causes.

Economics

Which of the following is not a characteristic of oligopoly?

A) the ability to influence price B) a small number of firms C) interdependent firms D) low barriers to entry

Economics