A cartel is likely to last longer if
A) more new firms enter the market.
B) the profits of participating members are relatively stable.
C) market prices vary more over time.
D) there are more firms in the industry.
B
Economics
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Going from a closed to an open economy ________ macroeconomic policymaking, especially now that exchange rates are ________
A) complicates, flexible B) complicates, fixed C) simplifies, flexible D) simplifies, fixed
Economics
Suppose one year ago the price index was 120 and Maria purchased $20,000 worth of bonds. One year later the price index is 126 . Maria redeems her bonds for $22,700 and is in a 40 percent tax bracket. What is Maria's real after-tax rate of interest to the nearest tenth of a percent?
a. 5.1 percent b. 3.1 percent c. 2.1 percent d. 2.4 percent
Economics