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Network effects occur when the value of a platform to its users changes as the number of users rises.

A) True
B) False

Correct Answer

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Social Security is an important example of a portable benefit that follows the worker, no matter who their employer is.

A) True
B) False

Correct Answer

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A trade war is said to occur when each country takes steps to make it harder for other countries to sell into its markets.

A) True
B) False

Correct Answer

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