Legal or governmental restrictions that give monopolistic advantages to a firm include all of the following EXCEPT
A) economies of scale.
B) tariffs.
C) licenses.
D) franchises.
A
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Which of the following is likely to be more of a problem after the introduction of deposit insurance?
A) moral hazard B) adverse selection C) contagion D) bank runs
Indifference curves that are farther from the origin are preferable to ones that are closer to the origin
a. True b. False Indicate whether the statement is true or false
If the government enacts contractionary fiscal policy, it is most likely at which of the following equilibria in the graph shown?
A. A
B. B
C. C
D. D
Refer to the information provided in Table 22.3 below to answer the question(s) that follow. Table 22.3 PointAggregate Income (Y)Aggregate Consumption (C) A 15 19 B 30 23 C 45 27 D 60 31 E 75 35 F 90 39The data in the table was used to estimate the following consumption function: C = 20 + 0.2YRefer to Table 22.3. The error for point A is equal to
A. -4. B. -2. C. +2. D. +4.