Economic research indicates that sports franchises are excellent means by which to stimulate local economic growth.
Answer the following statement true (T) or false (F)
False
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Can you think of some examples of oligopolies that you buy from?
What will be an ideal response?
The distinction between international trade and international money is not entirely clear because
A) real developments in the trade accounts do not have monetary implications. B) the balance of payments includes only real measures. C) developments caused by purely monetary changes have no real effects. D) trade models focus on real, or barter relationships. E) most international trade involves monetary transactions.
If the market price of a good does NOT include all of the costs and benefits that arise from the production or consumption of the good, then
A) the market is perfectly competitive. B) an externality is present. C) society is consuming and producing the optimal amount of the good. D) resources are properly allocated.
The U.S. economy faced negative inflation: a. after World War II
b. during the dotcom bubble. c. during the Great Depression of the 1930s. d. after the real estate bubble burst.