Which of the following is not a characteristic of a monopolistically competitive market?
A. There is only one firm selling a product.
B. There are many firms selling products that are similar but not identical.
C. There are many firms that have some control over price.
D. There are no artificial barriers to entry.
Answer: A
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A) government spending and tax rates B) the velocity of money C) the supply of money D) international trade variables, i.e. exports and imports
Explain how changes in corporate taxes affect the investment decisions of firms
What will be an ideal response?
Mr. Paque is a bear hunter for timber companies that want to diminish damage to trees done by bears in the spring. Due to a reduction in the bear population between 1995 and 2005, Mr. Paque finds fewer bears each year and additional hours spent hunting produce fewer additional bears. With the information given and noting that the bounty on bears has risen, one can conclude that (i) Mr. Paque's
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As the interest rate rises, it is possible that net capital outflow could move from a positive to a negative value
a. True b. False Indicate whether the statement is true or false