Among the methods of nonprice rationing are
A. waiting in line.
B. coupons.
C. favored customers.
D. all of the above
Answer: D
Economics
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If all of the firms in an oligopoly successfully collude and form a cartel, then total profit for the cartel is equal to what it would be if the market were a monopoly
a. True b. False Indicate whether the statement is true or false
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An unexpected rise in GDP growth should send bond prices __________ and stock prices __________
A) up; up B) up; down C) down; up D) down; down
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The new growth theory explains why foreign students choose to study in
A. the United Kingdom. B. Singapore. C. the United States. D. China.
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Money is considered to be a factor of production.
a. true b. false
Economics