According to the information presented in the text the parcel and express delivery industry could best be characterized as:
A) a perfectly competitive market.
B) a monopolistically competitive market.
C) an oligopoly.
D) a monopoly.
C
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If the Fed increases the discount rate,
A) commercial banks pay a higher interest rate if they borrow from the Fed. B) commercial banks find it more profitable to increase their loans to businesses. C) commercial banks increase their lending to the Fed. D) commercial banks' assets increase. E) commercial banks pay a lower interest rate if they borrow from the Fed.
In the United States today, money consists of
A) currency only. B) deposits at banks only. C) coins only. D) currency and deposits at banks.
In the term "real GDP," what does "GDP" stand for and what does it measure? What does "real" indicate?
What will be an ideal response?
Accelerated depreciation laws may increase firms' investment in equipment because
a. machines will wear out more rapidly. b. profits will be increased. c. the rental rate on capital will be lowered. d. the price of machines will fall.