Agriculture is an example of
A. perfect competition.
B. oligopoly.
C. monopoly.
D. monopolistic competition.
Answer: A
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Based on the information in the table, what is the unemployment rate?Population 16 and older1,000,000Participation Rate80%Employed Workers720,000
A. 10.0% B. 8.0% C. 28.0% D. 7.2%
Refer to the scenario above. What is the sum of the payoffs to the firms if both the firms choose Strategy X?
A) 6 B) 0 C) 1 D) -1
________ in the expected future domestic exchange rate causes the demand for domestic assets to increase and the domestic currency to ________, everything else held constant
A) An increase; appreciate B) An increase; depreciate C) A decrease; appreciate D) A decrease; depreciate
The principal-agent view of Fed motivation predicts that the Fed acts
A) to promote the interests of the general public. B) to promote the interests of the Fed's principal—the President of the United States. C) in order to increase its power, influence, and prestige. D) in order to make sure its agents—commercial banks—carry out its wishes.