The difference between savings and saving
A) is nonexistent.
B) is that savings is measured in real terms while saving is measured in nominal terms.
C) is that savings is a stock concept and saving is a flow concept.
D) is that savings occurs when consumption does not and saving is used to purchase consumption goods.
C
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A monopoly creates no deadweight when it maximizes its profit
Indicate whether the statement is true or false
Which of the following prevents potential competitors from entering a monopolist's market?
a. legal restrictions b. diseconomies of scale c. product differentiation d. stable market demand e. rising marginal cost
The sale of government securities by the Fed
A) decreases the supply of money. B) increases the supply of money. C) decreases the demand for money. D) increases the demand for money.
Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. For this economy to move from Point B to Point C so that an additional 20 OLED televisions could be produced, production of LCD televisions would have to be reduced by
A. more than 30. B. exactly 60. C. fewer than 30. D. exactly 30.