Which of the following is an industry without significant barriers to entry?
a. Electricity generation
b. Natural gas distribution
c. Cable television provision
d. Corn farming
e. Postal services
d
Economics
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The formal and informal rules governing the organization of a society on the whole, including its laws and regulations, are referred to as:
A) organizational structure. B) religious norms. C) cultural scenario. D) institutions.
Economics
With full information any contract will lead to production efficiency
Indicate whether the statement is true or false
Economics
The mean wage for workers aged 16 to 19 was over $7 per hour in 2005
Indicate whether the statement is true or false
Economics
Explain why the actual deficit is a poor measure of fiscal policy.
What will be an ideal response?
Economics