Which of the following is NOT a barrier to entry that would allow a monopolist to keep potential competitors out of its market?
A) Significant economies of scale exist.
B) The market price of the product is too high.
C) The firm has a patent on the good or control over some resource required for the production of the good.
D) The firm has government authorization to be a monopoly.
B
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Marxism's ultimate goal is for ____________ ____________
Fill in the blank(s) with the appropriate word(s).
Borrowers who stated but did not document their incomes are referred to as:
A) subprime B) alt A C) adjustable D) securitized
Which of the following is true of the U.S. government?
a. The government in the United States takes the form of a single-party state where opposition parties are not legally allowed to take power. b. The size of the federal government in the U.S. has been declining since 1930. c. Employment in the government sector currently exceeds employment in the manufacturing sector. d. The U.S. federal government plays a much smaller role than state and local government due to states' rights. e. The service sector of the U.S. economy employs more number of people than the U.S. government.
If banks hold excess reserves, then the increase in the money supply that is brought about by an increase in demand deposits will not be as large as its potential
Indicate whether the statement is true or false