After the Civil War, many Southern farmers fell into a long-run spiral of debt caused by
a. the monopoly power of country stores.
b. the monopoly power of railroads.
c. excessive interest rates charged by banks.
d. carpetbaggers.
a. the monopoly power of country stores.
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Fill in the blank(s) with correct word
A completely successful emission fee:
A.) Results in zero pollution. B.) Shifts the private MC curve to the same position as the social MC curve. C.) Shifts the social MC curve to the same position as the private MC curve. D.) Does not affect the private or social MC curve.
It is easier to transfer capital from one country to another using foreign direct investment than to use international portfolio investment.
Answer the following statement true (T) or false (F)
Which of the following is not a basic market model?
A. Pure competition B. Free enterprise C. Oligopoly D. Monopoly