M2 is the narrow measure of the money supply

a. True
b. False
Indicate whether the statement is true or false


False

Economics

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A rent ceiling creates a shortage. As a result, which of the following occurs?

A) only a loss of consumer surplus for tenants B) only a loss of producer surplus for landlords C) a loss of both consumer and producer surplus D) a gain of both consumer and producer surplus

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The use of bank loans to finance purchases of plant and equipment is most common in which of the following countries?

A) Germany B) Japan C) United States D) United Kingdom

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What are the differences between competition in a purely competitive industry and competition in an industry with technological advance and innovation?

What will be an ideal response?

Economics

For a firm to be a natural monopoly, economies of scale must be realized at a scale that is close to total demand in the market.

Answer the following statement true (T) or false (F)

Economics