Goods that are actually produced by firms are not really limited in supply, because the firms can always produce more of them
a. True
b. False
Indicate whether the statement is true or false
False
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Refer to the figure below. 
If both firms offer reduced rates, each earns ________, and if both firms keep their rates high, each earns ________.
A. 500; 300 B. 300; 500 C. 300; 50 D. 50; 300
Refer to the above table. Which country has the lowest increase in per capita real GDP between 2014 and 2015?
A) A B) B C) C D) D
In which market structure is there a large number of firms producing slightly differentiated products?
A) monopoly B) oligopoly C) only perfect competition D) only monopolistic competition E) either perfect competition or monopolistic competition
Which of the following is NOT a function of the Federal Reserve System?
A) providing for check collection and clearing B) holding deposits of member banks C) supervising member banks D) making loans to college students