The outcome of a competitive oligopoly:
A. is more efficient than that of a monopolist.
B. is more efficient than that of a perfectly competitive outcome.
C. is less efficient than that of a monopolist.
D. is less efficient than that of colluding oligopolists.
Answer: A
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Approximately what percentage of the world population experiences scarcity?
A) 33% B) 50% C) 66% D) 100%
The longest term security sold by the US is the:
A. Treasury bonds. B. Treasury notes. C. certificate of deposit. D. Treasury bills.
More economists adopted monetarism in the early 1990s
a. True b. False Indicate whether the statement is true or false