What challenges does the European Union face in the short, medium, and long run?
What will be an ideal response?
In the short to medium run, the EU must continue to create convergence in income and living standards between its poorest and most well off members. In the medium run, the EU must prepare for further widening, in particular the possible accession of Turkey. In the long run, the EU must adapt its economies and social support systems for a much older population.
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Rob is considered unemployed in the Current Population Survey if he
A) does not have a job and stopped looking for a job at least two months ago. B) is in his last term of college before he graduates. C) has looked for a job in the last four weeks but has not found a job. D) has a part-time job but would like a full-time job. E) has worked at least 1 hour but not more than 15 hours as a paid employee during the last week.
Assume a monopolist regularly posts price increases three months in advance of when they will take effect. After a small number of new firms enter the market, the original firm continues the practice of announcing price increases in advance
Following the court's logic in the Ethyl case, the firms in this market would not be guilty of price fixing behavior. Indicate whether the statement is true or false