The largest share of the U.S. private economy is
A) in manufacturing.
B) competitive or monopolistically competitive.
C) oligopolistic.
D) monopolistic.
B
You might also like to view...
Governments can use price elasticity of demand to estimate how changes in excise tax rates will affect:
a. income. b. prices. c. tax revenues. d. government spending. e. profits.
The cost disease of the service sector is evidenced by
A. a failure of the market mechanism. B. increased quality of public and private services. C. dramatic increases in municipal budget burdens for education, health care, and police and fire protection. D. the increased productivity in the services area.
The U.S. distribution of income was more unequal in 1990 and 1980 than in 1970.
Answer the following statement true (T) or false (F)
Based on geographical economic data, which person was most likely to have been swept up in the housing boom after the 2001 recession?
a. Doug, a farmer in rural Nebraska b. Arturo, a computer programmer in suburban southern California c. Annabel, a dentist in small town Kentucky d. Shae, a painter in Boise, Idaho