All of the following are ways a government might protect monopoly rights except:
A. protecting intellectual property rights.
B. subsidizing a state-owned entity.
C. making it illegal to enter an industry.
D. heavy taxation of potential competitors.
D. heavy taxation of potential competitors.
You might also like to view...
A Lorenz curve depicts the
a. number of people in an economy living below the poverty line b. percentage of children in an economy who are not receiving adequate nutrition c. percentage of the economy's population benefiting from government spending programs d. percentage of total income that a specific percentage of the population receives e. percentage of the population whose income is dependent on wages and salaries
If the nation's investment opportunities are highly attractive relative to those available abroad, the nation will tend to
a. experience an outflow of capital and a trade deficit. b. experience an outflow of capital and a trade surplus. c. experience an inflow of capital and a trade deficit. d. experience an inflow of capital and a trade surplus.
On a TE-TP diagram consider a level of Real GDP at which the vertical distance to the TE line exceeds the vertical distance to the 45-degree line. This level of Real GDP is __________ its equilibrium level, with __________
A) above; TE > TP B) above; TE < TP C) below; TE > TP D) below; TE < TP
In the 1970s and 1980s our productivity
A. increased at an increasing rate. B. Increased at a decreasing rate. C. Stayed about the same. D. decreased.