A monopoly market has
A) a few firms.
B) a single firm.
C) two dominating firms in the market.
D) only two firms in it.
E) some unspecified number of firms in it.
B
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When bank tellers converse with each other, keeping customers waiting in line, they are
A) unemployed. B) out of the labor force. C) working in the best interest of the agent. D) working in the best interest of the principals.
The total amount of required reserves in the banking system is equal to the ________ the required reserve ratio and checkable deposits
A) sum of B) difference between C) product of D) ratio between
A horizontal line has a slope of 0.
Answer the following statement true (T) or false (F)
During the 2007–2009 financial crisis, the U.S. government decided that Lehman Brothers was not too big to fail and that AIG was too big to fail.
Answer the following statement true (T) or false (F)