Which of the following is LEAST likely to be a monopoly?
A) the holder of a public franchise
B) a pharmaceutical company with a patent on a drug
C) a store in a large shopping mall
D) an artist who owns a copyright for a painting
C
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According to Classical interest rate theory, which of the following will increase the equilibrium interest rate?
A) A decrease in investment B) A decrease in saving C) An increase in money demand D) A decrease in money demand
In-kind transfer programs such as Medicaid have increased more rapidly than other welfare programs over the last decade
a. True b. False
Amanda is from Vermont and visiting California for the first time. At home, Amanda always goes jogging early in the morning because it's hottest in the early afternoon. Not knowing what to expect of the weather in California, she decides to go jogging in the early morning during her visit. This decision is an example of:
A. loss aversion. B. status quo bias. C. a heuristic. D. positive framing.
If as the variable on the Y-axis falls the variable on the X-axis rises, the relationship between X and Y is said to be a negative relationship.
Answer the following statement true (T) or false (F)