3, The largest 1000 firms employ 17 percent of the civilian labor force and generate one-fifth of...

Question:

3, The largest 1000 firms employ 17 percent of the civilian labor force and generate one-fifth of the total CNP. The size of the largest firms has grown more rapidly than the rest of the economy during the post-World War II period. This growth in the relative size of big firms is primarily the result of mergers, particularly conglomerate mergers.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

Question Posted: